Fed finalises new market benchmarks

Three transaction-based alternatives to US dollar Libor to launch in 2018

New-York_cab_manhattan-bridge_Getty-web.jpg
New York: the NY Fed will be responsible for publishing the rates, set to launch in Q2 2018

The Federal Reserve has finalised its proposals for replacing US dollar Libor, confirming on December 8 that three new market benchmarks will launch in 2018.

The three rates are calculated as the volume-weighted median of transactions data from US Treasury markets, rather than the bank submissions underpinning Libor, which ultimately proved flawed. The New York Fed will be responsible for publishing the rates, with their launch set for the second quarter of 2018.

The Fed describes the Secured

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net 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 Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

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 individual account here