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Benchmark Administrator Launches Libor Replacement Index

ADVERTISEMENT ADVERTISEMENT Benchmark Administrator Launches Libor Replacement Index Law360, London (April 14, 2021, 1:59 PM BST) The owner of several global stock and commodity exchanges has launched a new index for the Sterling Overnight Index Average to help finance firms shift to the new benchmark after use of its tarnished predecessor, Libor, ends on Dec. 31. The Intercontinental Exchange said on Tuesday that it has completed a new index that sets out interest rates under the new benchmark, known as Sonia. The new index has completed its testing phase and is now ready to be used by lenders to calculate interest rates, the firm said.

Intercontinental exchangeSterling overnight index averageகண்டம் பரிமாற்றம்ஸ்டெர்லிங் ஓவர்‌நைட் குறியீட்டு சராசரி

Killing off Libor gets real for banks on key milestone date

Killing off Libor gets real for banks on key milestone date
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

United kingdomCity ofPriya misraBlake gwinnPatrick clancyAnthony kwan bloombergShearman sterlingFederal reserveReference rates committeeSterling overnight index averageBobby butcherSecured overnight financing rateAlternative reference rates committeeஒன்றுபட்டது கிஂக்டம்நகரம் ஆஃப்பிரியா மிஸ்ரா

Killing off Libor gets real for banks on key milestone date

Killing off Libor gets real for banks on key milestone date
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Market Watch: Destination normality | Mortgage Strategy

Market Watch: Destination normality The PM’s ‘roadmap’, the chancellor’s much-trailed Budget, and signs of a market settling down so are we nearly there yet? By Andrew Montlake 10 th March 2021 12:10 pm We now have the prime minister’s latest “roadmap” to a semblance of normality. Although it is cautious and slow, it at least gives everyone some focus; and, for those of us with kids, a well-earned reprieve, happy that we will be able to wave them off to school once more while the other hand clutches a bottle of gin to down as soon as they are out of sight.

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Changing Interests

Changing Interests
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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