Ahead of Libor exit, DOF tweaks funds buildup | Bernadette D. Nicolas
THE Department of Finance is bracing for the possibility that the interest rate market may become unstable next year as the London Inter-Bank Offered Rate (Libor) is set to enter a phased process of cessation. Finance Undersecretary Mark Dennis Y.C. Joven, who heads the DOF’s International Finance Group, said this…
United Kingdom City Of United Kingdom Financial Conduct Authority Development Assistance International Finance Group Bank Offered Rate Libor
Source: businessmirror.com.ph