After Libor: Japan, Australia look to multi-rate future

Using new risk-free rates alongside Libor equivalents gains industry support

Asia Libor
Infopro Digital montage

Long after Libor disappears, its local equivalent in countries such as Japan and Australia is set to stay on, at least for some products, and that could be a boon for market participants in the two nations.

The reluctance of panel banks to continue supporting Libor indefinitely may have forced markets that use the benchmark to diverge from the multi-rate approach envisaged by the Financial Stability Board’s road map in 2014. But in the two Asia-Pacific countries, regulators are promoting new ri

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net 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 indvidual account here: