All posts tagged "IBORs"
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768Asia-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 -
674InternationalISDA 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 -
533Australia & 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 -
2.8KContributed 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 -
825International
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 -
675InternationalFSB 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 -
650International
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 -
699InternationalFSB 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 -
1.5KAsia-Pacific
Hong Kong Leads Asia on LIBOR Transition Readiness: KPMG
Survey findings and discussions with banks in the region indicate a lack of readiness for the LIBOR transition. But, failure to keep up will eventually prove disruptive, KPMG says.
November 21, 2019 -
846International
ISDA Publishes Consultation Results on Benchmark Fallback Parameters
The majority preferred a historical median spread adjustment with a five year lookback period, and a two-banking-day backward shift adjustment for the compounded setting in arrears rate.
November 18, 2019
