Libor-addicted loans and derivatives draw BoE scrutiny
The loan market has finally amended an existing facility to reference Sonia as its pricing benchmark, though the Bank of England has warned that the loan market still needs to do “much more work” to move away from Libor.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts