Reference Rate Reform Update: 4Q 2021

Thoughtware Article Published: Dec 14, 2021
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Efforts to replace the London Interbank Offered Rate (LIBOR) are showing limited signs of progress with just days to go before the year-end deadline to cease new LIBOR deals and the cessation of short-term USD LIBOR rates. Even as most companies begin implementing transition plans, others are racing to complete long-dated LIBOR deals before year-end. This article provides updates on LIBOR transition. 

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