Insights by Tag:

Sonia

Products
Libor transition – a sterling success?

27 Apr 2022

Libor transition – a sterling success?

Should the structured products industry congratulate itself on successfully transitioning its sterling Libor obligations, or bite its nails in fear of unintended consequences? Perhaps both.

Regulation
UK regulators promote Sonia in structured products Libor shift

25 May 2021

UK regulators promote Sonia in structured products Libor shift

The Working Group on Sterling Risk-Free Reference Rates’ paper on the transition of structured notes away from GBP Libor provides practical steps for market participants seeking to transition notes with a derivative component.

Market
LSEG chief Schwimmer weighs Libor transition and Brexit

18 Mar 2021

LSEG chief Schwimmer weighs Libor transition and Brexit

David Schwimmer (pictured) may have spent most of the past three years focused on the $27bn (£19.4bn) acquisition of data and tech firm Refinitiv but the LSE Group chief executive has also been forced to track secular trends reshaping the markets in which the UK group operates.

Market
Libor: market not completely ready for switch

19 Feb 2020

Libor: market not completely ready for switch

The Libor (London Interbank Offered Rate) benchmark, the official interest rate in which leading banks borrows funds from other banks in the market, is expected to cease by the end of 2021.