All posts tagged "IBORs"
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419InternationalICMA Publishes High-Level Guidance on IBOR Transition
The 'Quick Guide' provides a high-level overview of 11 key areas relating to the transition from IBORs (including LIBOR) to risk free rates in the international bond market.
March 2, 2020 -
429Capital RegulationBCBS Clarifies Capital Treatment of Amended LIBOR Contracts
Capital instruments amended solely to implement benchmark reforms will not be treated as new instruments for the purpose of assessing their eligibility as Tier 1 and Tier 2 instruments.
February 28, 2020 -
284Asia-PacificCentral Bank to Discontinue Sri Lanka Inter-Bank Offered Rate
This decision reflects the lack of SLIBOR's usage of in benchmarking loan products in the domestic financial market, along with a global trend of phasing out IBORs.
February 27, 2020 -
350InternationalISDA to Re-consult on Pre-cessation Fallbacks This Month
ISDA will consult on a single protocol that would allow participants to include both pre-cessation and permanent cessation fallbacks in derivatives trades.
February 6, 2020 -
256Australia & NZRBNZ Endorses Official Cash Rate as Fallback Benchmark
New Zealand will operate a dual interest rate benchmark system, retaining the Bank Bill Benchmark Rate and using the OCR as its fallback.
January 31, 2020 -
591Contributed ArticleBenchmark Reform: HONIA Beckons but is Hong Kong Ready?
TMA published feedback from market participants on HONIA as the successor to HIBOR in late December but unlike its US counterpart SOFR, Asian businesses are taking time to adapt.
January 20, 2020 -
445International
ISDA Consults on Adjustments for EUR LIBOR, EURIBOR Fallbacks
The supplemental consultation seeks input on adjustments that would apply to €STR if fallbacks in euro LIBOR or EURIBOR take effect, including the final parameters for these adjustments.
December 19, 2019 -
432InternationalFSB Report Highlights Risks of Continued LIBOR Reliance
In its latest progress report on benchmark reform implementation, the FSB calls for "significant and sustained efforts" to transition away from LIBOR by end-2021.
December 19, 2019 -
398International
ISDA Seeks Regulatory Clarity on LIBOR Pre-cessation Trigger
ISDA is prepared to re-consult on adding a mandatory pre-cessation fallback clause in LIBOR contracts once it gets clarity from regulators on the implications of a “non-representative” LIBOR.
December 10, 2019 -
348InternationalFSB Urges ISDA to Embed LIBOR Pre-Cessation Trigger in Definitions
The FSB says a pre-cessation trigger should be added alongside a cessation trigger as standard language in definitions for both new and outstanding derivatives contracts.
November 21, 2019
