Copying and distributing are prohibited without permission of the publisher.

Watermark

Markets must face up to new deadlines for Libor transition

BankofEngland_Adobe_575x375_16Jan2020
By Jasper Cox, Mariam Meskin, Michael Turner, Tom Brown
16 Jan 2020

Banks should stop issuing loans and bonds linked to Libor by October, according to the Bank of England’s Working Group on Sterling Risk-Free Reference Rates. But the scale of the challenge facing firms, particularly in the loan market, is causing concern.

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free Trial
By Jasper Cox, Mariam Meskin, Michael Turner, Tom Brown
16 Jan 2020