ARRC, Fed’s ‘confusing’ messaging hinders Libor transition progress 

Several sources claim that contradictory messages from the US authorities, notably on rate availability and usage, have hampered the market’s efforts to transition away from the benchmark rate

Blurred image of IJGlobal article content

Special reports

Latest report

Two of the seven USD Libor maturities discontinued at the end of 2021, and the other five – overnight, one, three, six and 12 months – will follow in June 2023, we surveyed the market to gauge readiness