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1. What are the replacement rates for LIBOR?

   Although options for replacing LIBOR continue to evolve, Old National has currently identified the following potential replacement options for our clients:

   1. Secured Overnight Financing Rate (SOFR)
   2. Term SOFR

   The Secured Overnight Financing Rate or SOFR is the replacement benchmark recommended by the New York Federal Reserve’s Alternative Reference Rate Committee (ARRC). (See references below for more information on the work of the ARRC.) SOFR is derived from transactions that are executed in the overnight repurchase agreement (repo) market. These transactions are executed between banks and other intermediaries and are often collateralized by US Treasury securities. The market for SOFR is very deep and liquid with nearly $1 trillion in underlying transactions executed daily. 

   While SOFR has been identified as the replacement index for LIBOR, there are multiple calculation methodologies which have been developed given that SOFR is a daily rate. The CME Term SOFR Reference Rates benchmark is a daily set of forward-looking interest rate estimates based on the SOFR futures contracts. CME Term SOFR Reference Rates are calculated and published for 1-month, 3-month, 6-month and 12-month tenors. Like LIBOR, CME Term SOFR Reference Rates are forward-looking, and the rate is set at the beginning of the period and interest is paid in arrears.

2. Federal Debt When Interest Rates Rise
   When interest rates rise, how much will the interest cost of the federal debt increase?
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4. The Fed Is Hiking Interest Rates. Should That Change Your Investment Strategy?
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6. Why Fraud Is Harder to Spot in 2026 — Tips to Protect Yourself | Old National
   Scammers are using AI and sophisticated tactics to impersonate trusted contacts, create urgency, and request hard-to-trace payments. Learn how to spot fraud and protect your money with practical tips from Old National.
7. Managing Money as a Couple
   When you marry or simply share a household with someone, your life changes—and your approach to managing your money may change as well. The good news
8. Earn Financial Security With These 4 Savings Accounts
   Saving is essential for financial security and future goals, but many struggle to build reserves. Here are popular options
9. Americans are inundated with suspected scams. New polling shows why few victims report them
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10. 4 Key Dates Student Loan Borrowers Should Know in 2024
    This article is part of Money’s new-year checklist — a 10-step guide to crushing your financial goals in 2024 (and beyond). For expert tips on how to