As the Libor era ends, market participants hope for 'crickets'

ประเทศไทย ข่าว ข่าว

As the Libor era ends, market participants hope for 'crickets'
ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

The last rates based on the tarnished London Interbank Offer Rate, or Libor, were published on Friday, marking a mostly quiet end of a nearly decade-long effort to move away from what was once dubbed the world's most important number.

  • 📰 Reuters
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

While there has been some scrambling to amend contracts linked to Libor over the past month, the transition was well telegraphed and no major issues are expected, loan and derivatives market participants and lawyers said in interviews.

The benchmark was formalized in 1986 and has been used as a reference rate for a vast array of financial products, including student loans, credit cards, derivatives, corporate loans and mortgages, withtamper-proof alternatives Friday at 11:55 a.m. British Summer Time marked the last publication for the 1-month, 3-month and 6-month U.S.-dollar Libor interest rates. Other U.S. dollar tenors were largely phased out for new contracts at the end of 2021 along with Libor rates linked to other currencies.

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

Reuters /  🏆 2. in TH
 

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว



Render Time: 2025-01-17 00:58:08