Libor Telethon playback: regulators stress ‘no new use’

Watch BoE, FCA, Fed and industry speakers tackling prickly cessation questions

Libor disappears
Risk.net montage

Libor’s not dead yet, but its demise took a big step closer last month, with the launch of a keenly awaited consultation from the doomed benchmark’s administrator.

The big surprise was an apparent splintering of the timeline, with the most popular US dollar fixings set to live on – with support from the panel banks – until mid-2023, while cessation is proposed from the end of 2021 for the other currencies and dollar fixings. In the latter cases, officially sanctioned synthetic versions of some

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