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Libor transition

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  • Friday, 7 January, 2022
    Jefferies and Antares Capital pitch loan tied to tarnished Libor

    Deal exposes challenge of outlawing tainted interest rate benchmark from all corners of the market

  • Wednesday, 15 December, 2021
    Finance industry in last-minute sprint to switch away from Libor

    Banks step up efforts to prepare for end of scandal-tainted benchmark

  • Friday, 10 December, 2021
    Special ReportNorth America Innovative Lawyers
    Lawyers write the future for $200tn of post-Libor deals

    New contract wording will help institutions avoid risk in the transition period

  • Tuesday, 30 November, 2021
    Markets InsightTal Reback
    Why US companies need to stop using Libor right now

    Risks of not shifting soon enough to new Sofr market benchmark are rising

  • Thursday, 4 November, 2021
    US loan market begins shift away from tarnished Libor benchmark

    Several deals have been struck using the Sofr rate in a sign benchmark reform is progressing

  • Monday, 27 September, 2021
    Traders take up derivatives tied to Libor replacement

    Sofr-linked futures and swaps gather volume despite lenders’ hesitation over new benchmark

  • Monday, 13 September, 2021
    Libor replacement reaches Wall Street’s leveraged loan market

    Loans to fund buyout of chicken producer Sanderson Farms will be pegged to new Sofr benchmark

  • Thursday, 29 July, 2021
    US benchmark reform panel endorses forward-looking rate to replace Libor

    Decision to back term Sofr comes as hunt for alternative to scandal-hit rate reaches ‘home stretch’

  • Friday, 23 July, 2021
    FT AlphavilleClaire Jones
    Term’s time has come

    The cash markets are finally about to get what they’ve long been asking for — an officially endorsed dollar term rate to replace Libor

  • Wednesday, 14 July, 2021
    FT AlphavilleClaire Jones
    UK regulators are wading into the US’s Libor transition

    Top officials, including the Bank of England governor, are pushing firms here to adopt a specific benchmark for dollar borrowing.

  • Monday, 14 June, 2021
    Inside BusinessClaire Jones
    Corporates know transition from Libor is painful but necessary

    Companies are still not prepared enough for switch from borrowing benchmark

  • Thursday, 3 June, 2021
    FT AlphavilleClaire Jones
    Libor’s US replacements: no one rate to rule them all

    Several alternatives are vying to replace the doomed benchmark. And it’s complicating the transition.

  • Saturday, 24 April, 2021
    John Dizard
    End of Libor stirs anger on Wall Street

    Bankers worried about the risks of the replacement for global borrowing benchmark

  • Tuesday, 20 April, 2021
    Markets InsightMichael Bright
    Legislation needed to tackle Libor legacy problem for millions

    Congress must act on the only viable solution as benchmark is phased out

  • Monday, 19 April, 2021
    ‘Litigation will take over’: US lawmakers warned of Libor chaos

    Regulators and Wall Street unite to demand action from Congress to speed transition from rate benchmark

  • Friday, 5 March, 2021
    Libor to cease for most currencies by end of 2021

    UK regulators want to smooth shift to alternative benchmarks

  • Monday, 30 November, 2020
    Banks set to be granted reprieve on US Libor cut-off deadline

    Benchmark underpinning $200tn in contracts will be published as late as 2023 under new plan

  • Wednesday, 18 November, 2020
    Libor scandal
    Dollar Libor left behind in shift away from tainted benchmark

    Reform of lending rate embedded in everything from mortgages to derivatives poses huge challenges

  • Wednesday, 26 February, 2020
    Bank of England puts squeeze on Libor lending to encourage shift

    Central bank makes it tougher to borrow against the tainted benchmark

  • Thursday, 16 January, 2020
    UK regulators launch fresh push to switch away from Libor

    Banks have until September to stop issuing cash products linked to sterling benchmark

  • Tuesday, 22 October, 2019
    Interview
    Libor reformer welcomes jolt from repo market

    Banker overseeing switch to Sofr says change is coming despite rate volatility

  • Wednesday, 2 October, 2019
    ECB launches new lending benchmark based on overnight deals

    Europe’s €STR rate part of global drive to achieve more reliable pricing in capital markets

  • Tuesday, 10 September, 2019
    US Treasury bonds
    Tradeweb lines up new benchmark for $16tn Treasuries market

    Move aims to reduce reliance on informal prices from a range of data providers

  • Monday, 15 July, 2019
    FCA head warns Libor may fail regulatory test after 2021
  • Wednesday, 10 July, 2019
    Markets InsightOTC markets
    Why investors must face up to Libor’s demise

    Impending death of the benchmark poses complex problems

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