Episode 1 of a 6-part series in "The Great Transition: LIBOR-SOFR"In episode 1, Thomas Settino, FHLBNY Vice President and Director of Member Relations, and Rei Shinozuka, Head of the Benchmark Index Transition Office at the FHLBNY, summarize the history behind the London Interbank Offered Rate (LIBOR) and what you can expect as the industry transitions to the Secured Overnight Financing Rate (SOFR).Upcoming EpisodesEpisode 2: Federal Home Loan Banks: Leading the ChargeEpisode 3: Jumping on the SOFR BandwagonEpisode 4: The Fallback after LIBOREpisode 5: LIBOR — It’s Not Just Your Balance SheetEpisode 6: The Regulators — They’re From the Government and They’re Here to Help

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