(Bloomberg) -- The biggest issuers of bonds tied to the benchmark tapped to replace U.S. dollar Libor are suddenly pulling back. That’s a potential blow to efforts by regulators to wean America’s ...

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 ...

NEW YORK, July 10, 2025--(BUSINESS WIRE)--Capitolis, the financial technology company, announced today that it has successfully completed its run of multilateral exercises to transition legacy USD ...

(MENAFN- PR Newswire) WOODLAND HILLS, Calif., Aug. 29, 2024 /PRNewswire/ -- Farmers Insurance Exchange, Truck Insurance Exchange and Fire Insurance Exchange (collectively, the " Exchanges ") today ...

17 global dealers transition their legacy LIBOR swaption inventory, multilaterally switching more than 17,000 trades Capitolis, the financial technology company, announced today that it has ...

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved two formulas for transition from London Interbank Offered Rate (LIBOR) to Secured Overnight Financing Rate (SOFR) for ...

BUFFALO, N.Y., June 14, 2023 /PRNewswire/ -- M&T Bank Corporation (MTB) (NYSE: MTB, M&T) announced today that CME Term SOFR will be the replacement reference rate for certain outstanding floating rate ...

The global $1 trillion market for collateralized loan obligations is lagging behind in the transition away from the London interbank offered rate. While some companies, lenders and markets have moved ...

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Thursday quizzed officials of Power Division on the decision to transition from LIBOR to SOFR for power projects. Power Division ...

(Bloomberg) -- It’s one of the most confounding questions facing regulators in the fight to phase out the London interbank offered rate. How do you wean everyone from asset managers and traders to ...