This article is part of a Risk.net series on the practical aspects of Libor transition. Find the rest of the coverage here.
Plans to replace Libor are often framed as a way to end a sordid chapter in the history of the rates market: the burial of a tarnished benchmark and the industrial-scale cheating it allowed.
But at the European Investment Bank, at least one person is hoping Libor’s demise can also be the start of a bright, new future. In this future, the arrival of a host of replacement