Fractured Libor transition halts US structured rates switch

Natasha Rega-Jones
12 Jul 2021

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Attempts to shunt US interest rate option products onto Libor replacements has stalled amid growing uncertainty over which benchmark will succeed the discredited rate for US dollar lending markets.

Dollar-denominated caps and floors, which protect lenders and borrowers against interest rate fluctuations, still predominantly reference US Libor. Similar instruments linked to the secured overnight financing rate (SOFR) – the US regulator’s preferred risk-free successor – have struggled to gain

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]