![LIBOR - Hardwired for Success by Tess Virman (July 2020)](https://www.lsta.org/app/uploads/2020/07/LIBOR-Hardwired-for-Success-by-Tess-Virman-July-2020-791x1024.jpg)
In less than 18 months the world will no longer be able to depend on the benchmark tied to roughly $300 trillion of financial instruments—LIBOR. As described in the article titled “Getting to LIBOR Transition: The Big Picture,” market participants across derivatives and cash products are working through the ARRC1 to pave the way for a smoother(er) transition from USD LIBOR to its
recommended successor rate, the Secured Overnight Financing Rate (SOFR).
File | LIBOR-Hardwired-for-Success-by-Tess-Virman-July-2020.pdf |
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