Global LIBOR transition efforts continue apace. However, switching hedged loans to risk free rates is a particularly challenging area. We discuss what borrowers, lenders and hedge providers really ...

Last week, the SEC staff issued a new statement on the LIBOR transition. LIBOR, the London Interbank Offered Rate, is a widely used reference rate calculated based on estimates submitted by banks of ...

As if lenders didn’t have enough to deal with these days with the deluge of borrower requests for forbearance and payment relief, they continue to face a ticking clock on the transition away from ...

These Legacy LIBOR Instruments provide by their terms that USD LIBOR will be replaced by a rate that matches the Board-selected benchmark replacement if the issuer determines that a benchmark ...

The transition from LIBOR was set into motion after a criminal rate-setting conspiracy implicated large international banks and undermined public confidence in the index. The Consumer Financial ...

New survey finds that over 50% of firms no longer trade USD Libor-indexed products, suggesting that the transition away from USD Libor is well underway. According to a new survey from Bloomberg, ...

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Arif Merali is a Senior Adviser for the Bank of England, focusing on Risk-Free Rate (RFR) transition. He has 25 years of experience trading interest-rate derivatives at major investment banks ...

Maria Daniels delivers the capabilities and expertise of the Global Fixed Income platform and the wider BlackRock organization, operating within the LDI team responsible for trade construction, ...

Global and U.S. financial services regulators are increasing their warnings on the impending end to the use of the London Interbank Offering Rate (LIBOR) as a reference rate in financial contracts and ...