These Legacy LIBOR Instruments provide by their terms that USD LIBOR will be replaced by a rate that matches the Board-selected benchmark replacement if the issuer determines that a benchmark ...
Discover the history, functionality, and transition of Euro LIBOR, the euro-denominated interbank rate, and its replacement in European financial markets.
Maria Daniels delivers the capabilities and expertise of the Global Fixed Income platform and the wider BlackRock organization, operating within the LDI team responsible for trade construction, ...
At this point, not even a pandemic can derail the long-anticipated retirement of LIBOR (the London Interbank Offered Rate) at the end of 2021. That means time is running out for market participants ...
New survey finds that over 50% of firms no longer trade USD Libor-indexed products, suggesting that the transition away from USD Libor is well underway. According to a new survey from Bloomberg, ...
Citi is issuing this press release to provide notice that, after the Cessation Date, the relevant USD LIBOR rate in each Legacy LIBOR Instrument is planned to be replaced with the CME Term SOFR ...
Head of AI innovation initiatives at ABBYY. I write about AI, innovation and how global enterprises can achieve a competitive advantage. The discontinuation of the LIBOR interest rate, the most widely ...
The group steering a U.S. replacement for the beleaguered London interbank offered rate has said it can’t guarantee a vital last step in the process will happen this year as planned, spurring ...
LIBOR has taken longer to exit the stage than Lawrence Olivier, but the final curtain call is coming for the index. The Consumer Financial Protection Bureau (CFPB) has now finalized the rule for how ...
I wrote in an earlier piece about some of the considerations that the financial services industry faces in a post-London Interbank Offered Rate (LIBOR) environment. LIBOR currently underpins around ...