Effective Monday, July 20, CME Group Benchmark Administration Limited (CBA) will launch RepoFunds Rate Select20 Indices (RFR Select20) on the CME Benchmark Administration Premium market data channel.

The RFR Select20 are a series of one-day repo indices designed to measure the on-day cost of secured funding based on sovereign debt of selected countries. The RFR Select20 indices leverage an enhanced filtering method relative to the primary RepoFunds Rate (RFR) benchmark indices to create a rate more representative of the general collateral rate.

RFR France, Germany and Italy Select20 will be published by 5:00 p.m. Greenwich Mean Time (GMT)/British Summer Time (BST) on BrokerTec EU business days, and RFR Sterling Select20 will be published by 5:00 p.m. GMT/BST on BrokerTec UK Gilt business days.