Planning for a transition away from LIBOR to alternative risk-free rates (RFRs) has been the hot topic in 2018 across the global financial markets. On December 4th, ICE Benchmark Administration (IBA), the administrator of LIBOR, announced the launch of a survey on the use of LIBOR currencies and tenors to determine which LIBOR setting are the most widely used. As a reminder, ICE publishes LIBOR for five currencies (CHF, EUR, GBP, JPY and USD) and seven tenors (Overnight/Spot Next, 1 Week, 1 Month, 2 Months, 3 Months, 6 Months and 12 Months).
Become a Member
Membership in the LSTA offers numerous benefits and opportunities. Chief among them is the opportunity to participate in the decision making process that ultimately establishes loan market standards, develops market practices, and influences the market’s direction.