Connections

It has taken quite some time to put together, but on 26 October 2023, LMA published an exposure draft of the Term €STR fallback for...

It is great to see the Working Group on Euro Risk Free Rates issue Guidance on EURIBOR Fallbacks for Corporate Lending products on 4 May...

On Friday April 21, 2023, the ARRC issued a summary and update to its July 2021 Term SOFR scope of use best practice recommendations. The...

So - Easter weekend calculations are coming back to bite us!  I recall in the early days of LIBOR Transition we used Easter weekend as a...

With less than 3 months to go before the cessation of USD LIBOR, as anticipated in the November 2022 consultation (CP22/21: Consultation...

So, following their Jan 19, 2023 meeting (see January 19 Meeting Readout (newyorkfed.org)), the US Alternative Reference Rates Committee...

On 16 December 2022, the Financial Stability Board (the FSB) issued a progress report on LIBOR and other benchmarks transition issues....

The UK's FCA has already announced its decision to allow 1‑ and 6‑month sterling LIBOR to cease at end‑March 2023 and on 23 November 2022...

The FCA has spoken - the market has until the end of March 2023 to stop using synthetic sterling LIBOR for 1 and 6 month periods. That...

We are coming up to 9 months left for USD LIBOR - time has flown by and much work has been done to prepare for the transition.  We are...