Demise of dollar Libor: but where to from here?
Overnight and 12-month US dollar Libor settings have now permanently ceased. What does the future hold for corporate treasurers after this landmark transition?
The curtains have finally been drawn on one of the most protracted deathbed scenes in finance history. At the beginning of this month, overnight and 12-month US dollar London Interbank Offered Rate (Libor) settings – the most commonly used short-term interest rate benchmarks among global markets – breathed their last.
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