Get ahead with daily markets updates.Join the FT's WhatsApp channelAlternatives to Libor begin to make an impactLarge institutions have already issued bonds linked to new benchmarks such as Sofr and SoniaEuribor transition raises fears of sleepwalk to chaosAuthorities attempt to wean investors, companies and banks off -ibor benchmarksDerivatives and debt markets face race to end links with LiborAuthorities appear to have run out of patience with uncoordinated approachesWorld Bank sells record £1.25bn Sonia-based bondLatest step in replacing scandal-hit Libor benchmark also achieves tightest pricingNew Treasuries ‘repo’ rate to replace LiborCulmination of US efforts to phase out old benchmark after rigging scandalBanker warns of Herculean task to escape Libor’s tentaclesDeutsche Bank treasurer says shaking free of the benchmark will be a bigger challenge than Brexit
Alternatives to Libor begin to make an impactLarge institutions have already issued bonds linked to new benchmarks such as Sofr and SoniaEuribor transition raises fears of sleepwalk to chaosAuthorities attempt to wean investors, companies and banks off -ibor benchmarksDerivatives and debt markets face race to end links with LiborAuthorities appear to have run out of patience with uncoordinated approachesWorld Bank sells record £1.25bn Sonia-based bondLatest step in replacing scandal-hit Libor benchmark also achieves tightest pricingNew Treasuries ‘repo’ rate to replace LiborCulmination of US efforts to phase out old benchmark after rigging scandalBanker warns of Herculean task to escape Libor’s tentaclesDeutsche Bank treasurer says shaking free of the benchmark will be a bigger challenge than Brexit
