Bloomberg L.P.

Libor Is Dead, Almost! What It Was, What Comes Next

For half a century the series of interest rates known collectively as the London interbank offered rate, or Libor, has helped determine the cost of all sorts of borrowing around the world. But over ...
The Business Journals

What you need to know about the end of the LIBOR era and the transition to SOFR

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. The London Interbank Offer Rate (LIBOR), an interest rate ...
Nasdaq

Goodbye, Libor; Hello, SOFR. What Does The New Interest Rate Benchmark Mean For You?

From here on out, your consumer or business loan rate will be set by a new standard. Replacing Libor, the obsolete benchmark for loan rates, is SOFR, the Secured Overnight Financing Rate. Its full-on ...
openDemocracy

LIBOR's poker

The FSA's Final Notice to Barclays imposing a £290m fine reveals the rather unspectacular nature of the fraud that Barclays committed, but more than that, it shows quite how unsuitable our global ...
Bloomberg L.P.

LIBOR transition: With a few months left, there are still persistent issues

According to the swap review by ISDA covering the week ending on Dec 9th, 62% of the swap trading activity in the US referenced SOFR as a benchmark. The dominance of SOFR seems to finally be ...
Boston Review

I, Too, Have Messed with LIBOR

Before I interviewed for my investment-banking job at Citigroup, I called an acquaintance in the finance industry for advice. I had gained the interview by way of nepotism and was given little time to ...
Nasdaq

EXPLAINER-The Libor era nears its end

Libor, or the London Interbank Offered Rate, will no longer be used for new derivatives and loans as of Jan. 1. The benchmark and reference rate, which had $265 trillion linked to it globally at the ...
Traders Magazine

LIBOR Replacement: Operational Considerations

LIBOR is expected to be discontinued after 2021 as a result of regulators pushing participants to move away from what has been an industry benchmark for over 50 years. Today, LIBOR is thinly traded ...
American Banker

The decadelong transition away from Libor is almost complete

WASHINGTON — Breaking up is hard to do. Breaking up with an interest rate that is baked into millions of contracts worth trillions of dollars is even harder, but 2022 was the year the financial system ...
Seeking Alpha

Liquid Debt Across The Curve, Not LIBOR Replacement

Is LIBOR replacement about a number or about a marketplace? The number LIBOR should never have become so important. Corporate financing is crippled without a healthy corporate debt yield curve. Here ...
Euromoney

Libor: A benchmark or a rate?

Is the increased gap between Libor and overnight rates a Machiavellian scheme, where liquid banks are forcing up Libor to earn extra cash on products that are indexed against this measure of money ...
Metro US

The Libor era nears its end

NEW YORK (Reuters) -Libor, or the London Interbank Offered Rate, will no longer be used for new derivatives and loans as of Jan. 1. The benchmark and reference rate, which had $265 trillion linked to ...