Friday, March 31, 2023

When the Sun Sets on Libor

By on September 21, 2021

‘Stream of Lawsuits’ Expected if Legal Framework for New Index Is Not Established

The once-trusted London Interbank Offered Rate (LIBOR), which for the past 35 years has been a key benchmark rate determining the value of financial products and wholesale borrowing costs between banks, are numbered.

But there are alternatives to be considered.

Caribbean Business explains through this video.

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