In this episode of At the Forefront, we sit down with AFX CEO John Shay and Marco Macchiavelli, Assistant Professor of Finance at UMass Amherst for a discussion on benchmark interest rates in the overnight lending market. We unpack the value of credit-sensitive rates in the post-LIBOR era and why they're so important for commercial and regional banks today, and explore how AMERIBOR, AFX's benchmark interest rate is calculated. Tune in here for more insights on how credit-sensitive rates can help banks navigate credit events and market stress.