Libor transition to hit EM like a ‘juggernaut’
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Libor transition to hit EM like a ‘juggernaut’


International lenders and the Loan Market Association (LMA) are worried about emerging markets’ nonchalance towards the end of Libor in 2021. Fears are mounting that local lenders, in particular, those in Africa, will be “hit by a juggernaut” when the benchmark rate is discontinued, writes Mariam Meskin.

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