In The Press

Bloomberg LP - Synchronised shift with Derivatives Set for $15 Trillion Switch in Libor Test Run

In this latest article from Bloomberg LP, our Group CIO and COO Philip Freeborn discusses the synchronised shift for non-dollar Libors, and how attention will then turn to the U.S., where a date is y

Contributor

Avatar Placeholder

In this latest article from Bloomberg LP, our Group CIO and COO Philip Freeborn discusses the synchronised shift for non-dollar Libors, and how attention will then turn to the U.S., where a date is yet to be set to move swaps to the Secured Overnight Financing Rate, the main replacement benchmark. Unlike other Libors, key dollar tenors have been extended until mid-2023 to allow the market to get fully prepared.