Page 5 - ஸ்டெர்லிங் ஆபத்து இலவசம் குறிப்பு ரேட்ஸ் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Tuesday, April 6, 2021 Much information has been published in recent months on the discontinuation of The London Inter-bank Offered Rate (LIBOR) and what is to replace it. Set out below is a summary of what has happened and how it is likely to affect corporates.  WHAT HAS HAPPENED? Regulators have expressed concerns about the suitability of the LIBOR benchmark as far back as 2017, and the need for an alternative. Whilst LIBOR will continue to be available until the end of 2021, thereafter representative LIBOR rates (i.e., rates which represent the underlying market) will no longer be available other than for the overnight, one-month, three-month, six-month, and 12-month U.S. dollar LIBOR rates, which will continue to be available until at least 30 June 2023. 

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