Regulators tell derivatives industry to find Libor consensus
Regulators have told the world’s
derivatives market that it must find a common approach for
dealing with a sudden death of Libor, the tarnished interest
rate benchmark used for pricing contracts worth more than $300
trillion globally.
derivatives market that it must find a common approach for
dealing with a sudden death of Libor, the tarnished interest
rate benchmark used for pricing contracts worth more than $300
trillion globally.
Posted by Reuters
