- For Experts
In 2022, regulators will pull the plug on the long-standing, ubiquitous London Interbank Offered Rate (Libor). The global lending rate underpins a contract and transaction infrastructure of some $200 trillion, and international bankers, corporate finance departments, brokers and traders are worried that the impending expiration may have serious impacts on market stability. Financial writer Andrew Deichler examines the current environment for Libor and the new rate that may replace it. Market professionals will find this concise report extremely valuable.
About the Author
Andrew Deichler is a multimedia content manager at the Association for Financial Professionals.