Benchmark Replacement Rates Update: Q3-2019
Date:
September 4, 2019
Research Type:
Market Note
Executive Summary
As the third quarter of 2019 marches on, some aspects of the IBOR replacement effort have made progress, but others appear stuck in the mud. Several market regulators — in the US and UK especially — have raised concerns about the continued use of various Libors, and some of the commercial alternatives have gained momentum, while signs are emerging that the administrator of Libor will make a case to keep it alive. This TABB Group Q3 update explores the performance of all the possible IBOR replacements, the burgeoning problem of fallbacks for existing and even new instruments, a set of issues that have surfaced in accounting and taxes, and takes a look ahead as December 31, 2021 keeps getting closer.
Areas of Interest
- Fixed Income

USD $5,000.00