ISDA fallback boost gives needed spur to Ibor transiton

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ISDA fallback boost gives needed spur to Ibor transiton

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AliFuat - stock.adobe.com

The International Swaps and Derivatives Association broke ground earlier this month in Libor transition when it the US Department of Justice approved its derivatives fallbacks. Market participants now face a busy few weeks working out if the protocol fits their differing needs.

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