Committed quotes an answer to Libor problem?

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Rosa Abrantes-Metz

Plenty of ideas about how to reform Libor have been tossed around since the first clear evidence of manipulation came to light last June – and the issue continues to separate policy-makers in Europe, the UK and the US. A new benchmark based on alternative, transaction-based rates is one approach, with overnight indexed swaps, government bonds and repo rates all mooted as potential replacements to the bank submission method (Risk November 2012, pages 42–43). These were considered by a UK governme

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