What is the London Interbank Offered Rate (LIBOR)? The London Interbank Offered Rate (LIBOR) was the interest rate benchmark used to calculate the average rate at which banks would offer a short-term ...

It’s been amazing to watch SOFR do in real-time what its detractors had warned about the entire time. The Federal Reserve through its various means pushed the private market to adopt this thing after ...

June 19 - The independent Foreign Exchange and Money Markets Committee discuss the definition of BBA LIBOR each time they meet, to ensure the rates remain the best possible benchmark for these rapidly ...

The price of Treasury bonds is supported by the Federal Reserve’s large purchases. The Federal Reserve’s purchases are often misread as demand arising from a “flight to quality” due to concern about ...

Many of us were introduced to the term LIBOR for the first time this week, when it was revealed that some banks might have been manipulating the dull but vital interest rates to gain an edge in the ...

IBA has calculated LIBOR 1 using submissions made under the waterfall methodology for each of the 35 LIBOR currency and tenor pairs for every applicable London business day of the testing period (the ...

Libor was a floating interest rate benchmark until June 2023, when global regulators completed a shutdown of the reference rate following a manipulation scandal. Libor tracked the cost of unsecured ...

Libor is a floating interest rate benchmark that tracks the cost of unsecured borrowing for large banks across five currencies and seven maturities, from overnight to 12 months. It is used as a ...