Taking a Structured Approach to IBOR Replacement: Making Lemonade Out of Lemons
For at least two years we have heard a rising chorus of concern about replacing the various interbank offered rates (IBORs). The process has been moving very slowly, but now it is time for everyone to focus on the approaches and processes that have what it takes to get this mammoth job done. This TABB Group report presents a structured approach to executing the IBOR replacement process and outlines the difficulties involved as well as the basic requirements that underlie the process.
- Fixed Income