Market still puzzling over Libor as sunset nears

sunset 230
By Jennifer Kang
25 Feb 2020

Some in the market still do not see eye to eye on Libor transition even with the cessation of the benchmark at the end of 2021 fast approaching.

In several panels focused on Libor transition on Monday, panelists went over details that still needed sorting out before the market can successfully transition to Sofr, the benchmark recommended by the Alternative Reference Rates Committee (ARRC). However, some said during the talks that new rate may not be ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial