LIBOR Transition and Readiness

Financial entities around the globe are preparing for the cessation of LIBOR and other Interbank Offered Rates, which are currently used in a significant number of financial instruments and products.

Perspectives: Keep Calm & Carry On in the LIBOR Transition

The London Interbank Offered Rate (LIBOR), long the most important number in banking, ceased publication for most tenors on January 1, 2022. Jason Granet and Edwin Schooling Latter discuss what comes next.