Fed Committee Issues Second Report on Transition from Libor
The Alternative Reference Rate Committee today issued a second report summarizing its decision to adopt the Secured Overnight Financing Rate ...
Tag: Libor
New York Fed to Begin Publishing New Reference Rate on April 3
The Federal Reserve Bank of New York will begin publishing the Secured Overnight Financing Rate, or SOFR, on April 3, ...
From Libor to SOFR
Used for nearly half a century, Libor underpins more than $350 trillion of financial products. As regulators and the industry ...
Fed to Publish Libor Replacement Rate Starting in Q2 2018
The Federal Reserve today announced plans to publish three new reference rates for use in U.S. dollar derivatives and financial ...
Fed’s Powell: Markets Should Not Assume Viability of Libor After 2021
While the London Interbank Offer Rate, or Libor, will continue to be supported by reporting banks until 2021, Federal Reserve ...
Fed Seeks Comment on Plan to Publish Libor Replacement
The Federal Reserve today asked for public comment on a proposal for the Federal Reserve Bank of New York to ...
Libor to Be Sustained Until 2021
The U.K.-based Financial Conduct Authority today announced that the London Interbank Offer Rate, or Libor, will continue to be supported ...
Broad Repo Rate Recommended as Libor Alternative
The Alternative Reference Rate Committee on Thursday recommended a broad Treasuries repo financing rate as a preferred alternative to the ...
FSB Publishes Progress Report on Interest Rate Benchmark Reforms
The global Financial Stability Board -- made up of the U.S. Treasury and its counterparts in other developed countries -- ...
Deutsche Bank Pays $2.5 Billion to Resolve Libor Charges
Deutsche’s deferred prosecution agreement is the largest of the Libor-rigging settlements.
