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Intercontinental Exchange, Inc. (ICE), ICE Benchmark Administration Limited (IBA) and Tradeweb Markets LLC (Tradeweb) reserve all rights in the methodologies (patent pending) and the data, information and outputs disclosed on this webpage, and in the copyright on this webpage. None of these rights may be used without a written license from IBA or Tradeweb, as applicable.
The data, information and outputs provided on this webpage are historical and relate to a period of testing. They may be updated and changed in their entirety as further testing data becomes available and as the methodology is changed and updated. They are provided for information and illustration purposes only, might not be accurate or reliable and may not be used for any other purpose. In particular, they are not intended for use as, and IBA expressly prohibits their use as, an index by reference to which the amount payable under a financial instrument or a financial contract, or the value of a financial instrument, is determined, or as an index that is used to measure the performance of an investment fund with the purpose of tracking the return of such index or of defining the asset allocation of a portfolio or of computing the performance fees. Such data, information and outputs may not be used as a benchmark within the meaning of the UK Benchmarks Regulation, EU Benchmarks Regulation or otherwise.
The methodologies disclosed on this webpage are subject to changes in response to feedback from market participants and other stakeholders and IBA's and Tradeweb’s further development work. These changes might produce different results than the data, information and outputs shown herein.
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There is no guarantee that IBA will continue: to test the U.S. Dollar ICE Bank Yield Index, ICE Term SOFR Rates or the Tradeweb ICE CMT Rates (the “U.S. Dollar Reference Rates”), to be able source data to derive the U.S. Dollar Reference Rates or publish the U.S. Dollar Reference Rates in the future. Users of LIBOR should not rely on the potential publication of the U.S. Dollar Reference Rates when developing and executing transition or fallback plans.
None of IBA, ICE, Tradeweb, or any providers of data for any of the U.S. Dollar Reference Rates (“data providers”), or any of its or their affiliates accepts any responsibility or will be liable in contract or tort (including negligence), for breach of statutory duty or nuisance, for misrepresentation, or under antitrust laws, or otherwise, for the data, information and outputs contained on this webpage or any use that you may make of it.
All implied terms, conditions and warranties and liabilities in relation to the data, information and outputs are hereby excluded to the fullest extent permitted by law. None of IBA, ICE, Tradeweb, or any data providers, or any of its or their affiliates excludes or limits liability for fraud or fraudulent misrepresentation or death or personal injury caused by negligence.
The date this data file was uploaded, and the test period for the test rates data, are each included in the data file. This data file supersedes any previously published U.S. Dollar Reference Rates test rates data files.
The file contains test results for each of the U.S. Dollar ICE Bank Yield Index, ICE Term SOFR Rates and Tradeweb ICE CMT Rates (together with U.S. Dollar LIBOR data for equivalent tenors). Please note that U.S. Dollar LIBOR and each of the aforementioned U.S. Dollar Reference Rates are produced using different methodologies and different data sources. As a result, care should be taken when comparing U.S. Dollar LIBOR and any of the U.S. Dollar ICE Bank Yield Index, ICE Term SOFR Rates and/or Tradeweb ICE CMT Rates, on any day or for any period, including the period of testing.
Furthermore, you acknowledge that you have read and agree to all terms presented in the following document: U.S. Dollar Reference Rates Website Terms and Conditions.
Please click on the link above to read the U.S. Dollar Reference Rates Website Terms and Conditions and click on the “Click here to Accept and Download the Data File” link below to access the data file. By accessing the data, you accept and agree to all the above terms.