Libor securitizations count down to April repo deadline

afme
By Tom Brown
06 Jan 2021

The European securitization market needs to whittle down its remaining ‘tough Libor’ legacy contracts without relying on help from the UK regulators, said the Association for Financial Markets in Europe (Afme) on Wednesday.

The end of 2021 is the deadline for the end of sterling Libor, with the Bank of England (BoE) ramping up incentives to push issuers and investors away from the benchmark.

“Even if everybody started consent solicitations tomorrow, I am not sure we would get them all done by ...

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