ABSTRACT

LIBOR Transition [September 20, 2019]   [open pdf - 414KB]

From the Document: "LIBOR [London Interbank Offering Rate] is a key benchmark interest rate underpinning many financial contracts; this rate, however, might disappear as soon as 2021. This In Focus discusses efforts to transition away from the use of LIBOR in financial products in order to avoid disruption if LIBOR disappears."

Report Number:
CRS In Focus, IF11315
Author:
Publisher:
Date:
2019-09-20
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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