Announcement Regarding GS Momentum Builder Multi-Asset 5 ER Index

NEW YORK, NY – April 5, 2023 – On March 5, 2021, the UK Financial Conduct Authority (FCA) announced that major USD LIBOR tenors (including 3-month) would be discontinued or cease to be representative immediately after June 30, 2023. The Index Committee for the GS Momentum Builder Multi-Asset 5 ER Index (current Bloomberg symbol: “GSMBMA5 Index”)(the “index”) is providing notice that, effective July 3, 2023, the index methodology for the index will be amended to replace 3-month USD LIBOR with the Secured Overnight Financing Rate (SOFR) plus 0.26161% as the notional interest rate.

Goldman Sachs is a leading global financial institution that delivers a broad range of financial services to a large and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

Source link:

Newsletter Updates

Enter your email address below and subscribe to our newsletter