Latest Breaking News On - பெருநிறுவன பொருளாளர்கள் - Page 1 : vimarsana.com

Risk.net Libor is ending, and corporates need to know their options Banks must speak to Main Street now if US Libor transition is to succeed, argue ARRC working group leaders Risk.net montage 19 Jul 2021 In the six months Libor has left, thousands of Main Street borrowers face a critically important choice: what rate to use in place of the outgoing benchmark? As things stand, most borrowers are aware of the need to transition. Many have a preference for a replacement that is based upon the secured overnight financing rate, or SOFR – the officially endorsed successor to US dollar Libor – rather than one of the credit-sensitive alternatives that could see the cost of borrowing climb at times of stress. But the majority have not yet been approached by their banks to discuss the available options in detail, or to thrash out transition plans.

United statesUnited kingdomTom deasTom huntTom quaadmanUnited kingdom financial conduct authorityNational association of corporate treasurersUnited states chamberAssociation for financial professionalsFinancial corporates working groupReference rates committeeMain streetAlternative reference rates committeeNon financial corporates working groupNational associationCorporate treasurers