Switzerland's central bank said Thursday it was dropping Libor as a reference in setting interest rates in another blow to the scandal-plagued benchmark. The Swiss National Bank, following a regular ...
Hosted on MSN
What was the LIBOR rate, and what happened to it?
LIBOR set interest rates for trillions of dollars in loans for over 30 years. Banks manipulated the rate because it relied on estimates rather than real transactions. A new system called SOFR replaced ...
LONDON (Reuters) - Standard Chartered won its bid in a London court on Tuesday to replace the financial benchmark it used to set dividend rates for some shares, which the bank said provided "clarity" ...
State Bank of India (SBI) has announced that it is ready to embrace new recommended interest rate benchmarks necessitated from LIBOR cessation for its day-to-day businesses and in product pricing. All ...
LCH is proposing to convert an estimated $53 trillion of US dollar Libor swaps to the secured overnight financing rate, or SOFR, in two separate tranches starting April 2023 – more than two months ...
The Reserve Bank of India plans to revise all-in-cost ceiling for new Foreign Currency (FCY) External Commercial Borrowings (ECB)/Trade Credit (TC) for India Inc from 450 basis points (bps) to 500 bps ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback