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.
###
Media Contact:
Sophia Anthony
Tel: +1 917 343 3779
Investor Contact:
Carey Halio
Tel: +1 212 902 0300
Our weekly newsletter with insights and intelligence from across the firm
By submitting this information, you agree to receive marketing emails from Goldman Sachs and accept our privacy policy. You can opt-out at any time.