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Libor Telethon: looking ahead
The panel
- Phillip Whitehurst, Head of Service Development, Rates, LCH
- Mark Cabana, Head of US Rates Strategy, Bank of America Merrill Lynch
- Moderator: Lukas Becker, Desk Editor, Derivatives, Risk.net
- Moderator: Helen Bartholomew, Editor-at-large, Emea, Risk.net
The end of 2021 brought the demise of Libor, and only now is it being revealed if markets were ready for the transition.
While five US dollar Libor fixings will remain in place until June 2023, regulators insist that no new Libor risk should be traded after the end of 2021. The implications for products with floating rates beyond the Libor phase-out are huge.
From September to December 2021, Risk.net hosted monthly Libor countdown clinics, with audience participation, speaking to those in the know about what’s left to do, what’s ahead, what they’ve done and how they’ve done it.
In this clinic, Phillip Whitehurst, head of service development, rates, at LCH, and Mark Cabana, head of US rates strategy at Bank of America Merrill Lynch, discuss the future landscape of a post-Libor world.
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