Chief Executive of the UK Financial Conduct Authority Andrew Bailey unveiled a plan to phase out the London Interbank Offered Rate by the end of 2021.
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The Board of Governors of the Federal Reserve System is seeking comments on three proposed reference rates based on repurchase agreement transactions backed by Treasuries.
Board of Governors of the Federal Reserve System Governor Jerome H. Powell described current considerations related to a transition from LIBOR to an alternative rate.
The Board of Governors of the Federal Reserve System will publish three new benchmark interest rates based on overnight repurchase agreement transactions backed by Treasuries.
Federal Reserve Bank of New York Senior Vice President Lorie Logan discussed the future of the London Interbank Offered Rate and efforts to administer and produce more effective reference rates.