Tag: Sonia
Libor transition – a sterling success?
Europe | Features
27 Apr 2022 by Sybil Yorke
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.
UK regulators promote Sonia in structured products Libor shift
Europe | Regulations & Legal
25 May 2021 by Pablo Conde
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.
LSEG chief Schwimmer weighs Libor transition and Brexit
Europe | Industry
18 Mar 2021 by Luke Jeffs - Global Investor Group
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.
Libor: market not completely ready for switch
International | Industry
19 Feb 2020 by Vanessa Carey - FVC
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.