Market still puzzling over Libor as sunset nears
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 ...
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