LIBOR phaseout primer

In July 2017, the head of the UK Financial Conduct Authority recommended a phaseout of the London Interbank Offered Rate by Dec. 31, 2021. LIBOR is the benchmark interest rate banks charge each other for overnight, one-month, three-month, six-month and one-year loans. The LIBOR rate is published daily in five currencies: the Swiss franc, the…

Subscriber-only Content

This article is available only to PBN Subscribers. To get unlimited access, please subscribe by following the link below.

Subscribe Now

Already a subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -