Ukraine war: markets call for certainty on frozen trades

Matched bond settlements that froze mid-flight when the Russian sanctions first came into force are still in limbo, causing anxiety for all parties involved

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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