Podcast: What Bankers Need to Know about the Libor Transition
With the London Interbank Offered Rate -- which underpins more than $350 trillion in mortgages, commercial loans, bonds and derivatives ...
Tag: Reference rates
ARRC Posts Free Webinars on Proposed Libor Transition Language
The Alternative Reference Rates Committee -- a group of private-sector market participants and public agencies convened by the Federal Reserve ...
Fiduciary Rule, Libor Transition on SEC Agenda for 2019
Completing the Securities and Exchange Commission’s rulemaking on best interest standards for broker-dealers and investment advisers is a “key priority” ...
Draft Libor Transition Language Released for Business Loans, Securitizations
The Alternative Reference Rates Committee today issued consultations on draft fallback language for bilateral business loans and securitizations that reference ...
CFTC’s Giancarlo Warns on ‘Zombie Libor,’ Emphasizes Need for Benchmark Transition
The Commodity Futures Trading Commission is working to “troubleshoot” issues in transitioning CFTC-regulated derivatives contracts from the London Interbank Offered ...
The Replacements
As the longstanding Libor rides off into the sunset, what will replace it? And what do banks need to do ...
FHLBs Issue $4B in Debt Tied to Alternative Reference Rate
As part of the ongoing effort to replace Libor with an alternative rate, the Federal Home Loan Banks today issued ...
SBA 7(a) Program Switches Fixed Base Rate from Libor to Prime
With the viability of the London Interbank Offered Rate uncertain beyond the end of 2021, the Small Business Administration is ...
Public Feedback Sought on Contract Language for Libor Transition
The Alternative Reference Rates Committee today issued consultations on draft fallback language for floating rate notes and syndicated business loans ...
Fed Gov. Quarles: Efforts to Implement SOFR Ahead of Schedule
In just three months since the secured overnight financing rate was published, the number of transactions underlying SOFR on a ...
