What is the Relevance of LIBOR for the Muni Market? (MSRB Educational Resource) (with Lofchie Comment)

The MSRB announced the release of a new education resource intended to provide an introduction to LIBOR and its relevance for the municipal market. It further provides guidance for state and local governments seeking to evaluate transactions with structures based on LIBOR.

Lofchie Comment: For the litigation questions, go to page 3.

View report in full here (links externally to MSRB website).