Libor administrator to consult on extending most dollar rates to 2023

Adobe_Libor_575x375_28April2020
By Burhan Khadbai
01 Dec 2020

ICE Benchmark Administration Limited (IBA), the administrator for Libor, will consult on its intention to cease the publication of the majority of dollar Libor rates after the end of June 2023 — 18 months later than originally planned.

IBA will consult on its plan to cease the publication of the one week and two month dollar Libor rates after December 31, 2021, with the overnight, one, three, six and 12 month dollar Libor rates to be extended to June 30, 2023. The original plan was to ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial