There are many questions related to the transition from LIBOR. How could there not be considering that replacing the decades-old benchmark rate could turn out to be one of the most profound developments in financial markets for many years to come, and certainly will hold a place in financial history.
With around $350 trillion worth of financial assets tied to LIBOR, it has provided a consistent way to determine the cost of everything from student loans and mortgages to complex derivatives.
With little reason to think the transition to alternative reference rates will be a straightforward process, this white paper addresses the 5 top-of-mind issues dominating the Libor transition.
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