Beyond Libor: what reform plans mean for swaps users

Big bang still an option in plans to propagate new benchmarks


Over the past 18 months, small groups of senior fixed-income bankers, regulators and other market participants have been meeting in Brussels, London, New York, Tokyo, Zurich and other financial centres in order to quietly plan a change to the foundations of the interest rate swap market.

The aim is to end the benchmark status of unsecured interbank lending rates (Ibors), such as Libor, in hundreds of trillions of dollars' worth of derivatives contracts worldwide, and replace them with

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here