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Bowing out gracefully: LIBOR’s retirement draws near – speech by Andrew Hauser

December 11, 2020 | Category: Best Reads| Tags: , , , , ,

“Subject to the outcome of IBA’s consultation launched last Friday, the LIBOR panels for sterling, yen, Swiss Franc, euro and the less heavily traded dollar tenors will cease at the end of 2021.  And, although the panels for more heavily used US dollar settings will stick around for a short while longer, the US and UK authorities have been absolutely clear that new use of these rates must stop at the end of 2021.” – by Andrew Hauser

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