The End is Nigh-Bor For Good Old LIBOR: Important Transition Dates as New York Legislative Fix Becomes Law | K&L Gates LLP
To embed, copy and paste the code into your website or blog: This is an update on recent events in the cessation of the London Inter-bank Offered Rate (LIBOR): InterContinental Benchmark Exchange (ICE), the organization that administers and announces LIBOR, and the United Kingdom’s Financial Conduct Authority (FCA), ICE’s regulator, announced on 5 March 2021: LIBOR for most currencies and maturities will cease after 31 December 2021. U.S. dollar LIBOR for overnight, one-month, three-month, six-month, and 12-month maturities will cease after 30 June 2023. LIBOR is not expected to become un...
Source: jdsupra.com