Not Sofr away: Libor transition at a crossroads

The road ahead appears long and daunting when it comes to finding a solution for legacy floating rate debt denominated in Libor, which banks will no longer be compelled to report after 2021.

  • By Alexander Saeedy
  • 26 Feb 2019

Three panels on day two of Structured Finance Industry Group (SFIG) 2019 conference in Las Vegas all riffed on the theme of Libor transition, which has created a market-wide quandary since the move was announced in 2017.

A consensus arose among central bankers and regulators about the most ...

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