UK Banking Group Proposes To Scrap Most Libor Rates
In a consultation paper, the British Bankers Association proposed only maintaining Libor for currencies, including the U.S. dollar, the British pound and the euro, and maturities that are actively traded. The BBA also proposed eliminating Libor measures for several infrequently traded maturities as well.
In total, only...
To view the full article, register now.