And if large, sophisticated issuers are selling bonds linked to new risk-free rates (RFRs) but in reality still reference them back to Libor, what chance is there that real end-users will embrace such ...

In a 2012 report Wheatley outlined the government’s proposed changes that came into force in 2013. Under the reform, LIBOR continues to be set daily based on reports by panels of banks. But the banks ...

In it, Diamond said Tucker had told him there were concerns among “senior figures within Whitehall”, about Barclays’ Libor rate, which was at the “top end.” Barclays released the note ...

while other US Libor rates will continue to be published until June 30, 2023. The announcement gives US financial markets additional time to transition existing securities away from key US dollar ...

Much is likely to change, though, as a result of controversy over how some banks report the rates at which they “believe” they can borrow and because of some underlying problems with the LIBOR concept ...

Before 2008, most traders didn’t pay much attention to the difference between two important interest rates—the London Interbank Offered Rate (LIBOR) and the Overnight Indexed Swap (OIS) rate.

An investigation into the rigging of Libor, the benchmark interest rate that tracks the cost of borrowing cash, has been unexpectedly closed. The decision comes despite evidence that implicates ...