Publications

Time is running out for LIBOR

Authors: Beppe Degiorgio
Published on November 23, 2017
Tags: ,
Practices: Financial Markets Regulation
The London Interbank Offered Rate (LIBOR) has been used as a standard reference for the pricing of loans, derivatives and other contracts that have a floating rate for the past three decades, making it a keystone of the world’s financial markets; at its peak it was used to price $350 trillion of financial products, from mortgages to derivatives.