All posts tagged "Libor"
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47EuropeUK Regulators Support US ‘SOFR First’ Proposal on Interdealer Swaps
The FCA and BOE encourage liquidity providers to change USD linear swap trading conventions from USD LIBOR to SOFR on 26 July 2021.
June 18, 2021 -
113Market InfrastructureOCBC Obtains Approval to Convert LIBOR Bonds to SONIA
OCBC has become the first Singapore bank to obtain approval from bondholders to replace GBP LIBOR with SONIA as the interest rate benchmark.
June 16, 2021 -
50InternationalISDA Consults on Fallbacks for GBP & USD LIBOR ICE Swap Rates
Current fallbacks are not expected to be able to function effectively upon a permanent cessation of the GBP and USD LIBOR ICE Swap Rates.
June 14, 2021 -
83Market InfrastructureCFTC Subcommittee Proposes Switch to SOFR for Interdealer Swaps
The ARRC said the change, proposed for 26 July, will allow it to formally recommend forward-looking SOFR term rates published by CME Group.
June 9, 2021 -
150InternationalFSB, IOSCO Issue Statements in Support of Smooth LIBOR Transition
The FSB warns against waiting for the development of forward-looking term RFRs. IOSCO urges market participants to stop issuing new LIBOR products.
June 3, 2021 -
105InternationalIHS Markit Starts Publishing New Credit-sensitive Rates
The new rates are aimed at helping to facilitate the transition away from LIBOR for firms that want a term rate with credit sensitivity.
June 3, 2021 -
153ChinaPBOC Issues Guidance on USD Loans Ahead of LIBOR Cessation
Guidance was issued on the terms that should be included in new and old contracts referencing USD LIBOR as well as in new contracts referencing SOFR.
June 3, 2021 -
280Market InfrastructureDBS, StanChart Execute First SORA Interbank Option Trade
The interbank option trade was executed to manage market risk arising from a SORA interest rate option, which was also an industry first.
June 1, 2021 -
270Securities & TradingMAS Raises Focus on Fund Liquidity Risk Practices
MAS wants funds to increase the frequency of liquidity risk monitoring and to extend reporting of significant redemptions to non-retail funds.
May 31, 2021 -
220Australia & NZLIBOR Transition in Cash Markets Remains Slow: ASIC
Only 14 percent of post-cessation date loans have robust fallbacks in place, said ASIC's Nathan Bourne at a Bloomberg-ICMA webinar.
May 28, 2021
