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…
Source: businessmirror.com.ph