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NY Fed changed the composition...>

US EURODLR OPTIONS
US EURODLR OPTIONS: NY Fed changed the composition of the Overnight Bank Funding
Rate (OBFR) late last week -- adding to federal funds and Eurodollar
transactions, the pool was "broadened to include overnight, interest-bearing
demand deposits booked within U.S. bank branches, known as 'selected deposits'".
The NY Fed said the "inclusion results in a rate that is more robust and more
representative of banks' cost to borrow overnight in unsecured U.S.
dollar-denominated money markets." Link to NY Fed annc:
https://tinyurl.com/y4tuwk3r

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