Browsing Tag

London interbank offered rate (Libor)

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Stacks of coins with the letters LIBOR isolated on white background

A guide to the world’s new benchmarks after Libor

For the past three years, policymakers around the globe have been developing new benchmarks to replace Libor by the end of 2021. The challenge has been to maintain Libor’s accessibility and functionality with a replacement that’s more trustworthy. That’s easier said than done, and some countries and regions have made more progress than others.