Simplifying Interest Rate Swap Quotes for Investors

Decoding interest rate swap quotes can be simple with the right guidance. Our article offers key insights and practical tips ...
Reuters

Slow shift from Libor for U.S. business loans 'concerning' -industry group

NEW YORK, March 22 (Reuters) - U.S. banks have been slow to offer non-financial firms alternatives to Libor rates for business loans, leaving many companies unprepared for the upcoming end of the ...
Nasdaq

Bank of America Corporation Announces CME Term SOFR as Benchmark Replacement Rate for Certain Outstanding USD LIBOR Securities After June 30, 2023

Any reference to a specified source for USD LIBOR shall be replaced with the publication of the applicable Board-selected benchmark replacement (inclusive of the applicable tenor spread adjustment) by ...
Reuters

Banks told to 'hit the accelerator' in ditching Libor rate

LONDON, May 10 (Reuters) - Britain's finance watchdog wants banks to speed up a shift to new interest rate benchmarks that replace the Libor rate which is being scrapped after December. The London ...
International Financing Review

End of the line for Libor: authorities finally kill off US$220trn benchmark

A jumbo countdown timer has been sitting on Tom Wipf’s desk in Morgan Stanley’s New York office for the past four years, ticking down the seconds until midnight on June 30. That is the moment when the ...