Global LIBOR transition efforts continue apace. However, switching hedged loans to risk free rates is a particularly challenging area. We discuss what borrowers, lenders and hedge providers really ...

I. What’s the issue? The London Interbank Offered Rate (“LIBOR”) is the most widely used interest rate benchmark in the world, referenced in some $373 trillion notional value of financial transactions ...

MCLEAN, Va., April 13, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website a list of more than 34,000 Freddie Mac floating-rate securities transitioning from LIBOR to ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

These Legacy LIBOR Instruments provide by their terms that USD LIBOR will be replaced by a rate that matches the Board-selected benchmark replacement if the issuer determines that a benchmark ...

Industry advocacy groups view the Libor transition as a continuing education effort for municipal advisors and an issue that could be eased with a legislative fix from Congress. Processing Content ...

WASHINGTON — Breaking up is hard to do. Breaking up with an interest rate that is baked into millions of contracts worth trillions of dollars is even harder, but 2022 was the year the financial system ...

This analysis is by Bloomberg Intelligence Senior Analyst Sarah Jane Mahmud. It appeared first on the Bloomberg Terminal. Banks face their biggest regulatory challenge in decades as the world’s most ...

After gaining a Master’s degree in Finance and Economics from the London School of Economics, Kari Hallgrimsson joined J.P. Morgan as a graduate in 2002. Here, he shares his views on how the FCA’s ...

The Federal Housing Administration (FHA) on Wednesday published the “Adjustable Rate Mortgages: Transitioning from LIBOR to Alternate Indices” final rule in the Federal Register, providing ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Differences in LIBOR replacement rates could upset complex deal structures. Floating rate debt instruments for commercial real estate loans and many other forms of financing have for decades relied on ...