What is the London Interbank Offered Rate (LIBOR)? The London Interbank Offered Rate (LIBOR) was the interest rate benchmark used to calculate the average rate at which banks would offer a short-term ...

June 19 - The independent Foreign Exchange and Money Markets Committee discuss the definition of BBA LIBOR each time they meet, to ensure the rates remain the best possible benchmark for these rapidly ...

What is the London Interbank Offered Rate (LIBOR)? The London Interbank Offered Rate (LIBOR) was the interest rate benchmark used to calculate the average rate at which banks would offer a short-term ...

Libor was a floating interest rate benchmark until June 2023, when global regulators completed a shutdown of the reference rate following a manipulation scandal. Libor tracked the cost of unsecured ...

In the wake of multiple criminal and regulatory investigations into alleged manipulation of the London Interbank Offered Rate (“LIBOR”), Andrew Bailey, Chief Executive of the UK Financial Conduct ...

The LIBOR transition process continues to roll along. New transactions are (mostly) being closed without using LIBOR any more, and many legacy transactions are naturally transitioning when refinanced ...