Libor Is Coming to an End - The New York Times
It has been an arduous process to get the financial system to stop relying on the tarnished interest-rate benchmark.
Source: nytimes.com
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As the Libor era ends, market participants hope for 'crickets'
The last rates based on the tarnished London Interbank Offer Rate, or Libor, were published on Friday, marking a mostly quiet end of a nearly decade-long effort to move away from what was once dubbed the world's most important number. While there has been some scrambling to amend contracts linked to Libor over the past month, the transition was well telegraphed and no major issues are expected, loan and derivatives market participants and lawyers said in interviews. The benchmark was formalized in 1986 and has been used as a reference rate for a vast array of financial products, includi...
Source: yahoo.com
Analysis-Clock ticking for loan market as Libor nears its end
By John McCrank NEW YORK (Reuters) - It's crunch time for the corporate loan market. With under five months until the June 30 end-date for the publica...
Source: wsau.com
Clock ticking for loan market as Libor nears its end
NEW YORK — It’s crunch time for the corporate loan market.
Source: financialpost.com
Analysis-Clock Ticking For Loan Market As Libor Nears Its End
It's crunch time for the corporate loan market.
Source: ibtimes.com