Forbes

Libor Explained: How Manipulated Rates Could Be Hurting (Or Helping) You

The term Libor has been thrown around plenty over the last couple of weeks thanks to yet another scandal ripping through the banking industry. Consider that the 2008 financial crisis, a crisis that ...
Investopedia

LIBOR: What Was the London Interbank Offered Rate, and How Was It Used?

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Timothy Li is a consultant, accountant, and finance manager with an MBA from USC and over 15 ...

Understanding MIFOR: Mumbai Interbank Forward Offer Rate Explained

Discover how MIFOR, the Mumbai Interbank Forward Offer Rate, influenced Indian banking with forward agreements and derivatives before its phase-out.
Bloomberg L.P.

Libor Is Dead, Almost! What It Was, What Comes Next

For half a century the series of interest rates known collectively as the London interbank offered rate, or Libor, has helped determine the cost of all sorts of borrowing around the world. But over ...
JournalofAccountancy

End of LIBOR: How all industries, not just banks, can prepare

Financial institutions and other industries globally are working to replace the London Interbank Offered Rate (LIBOR). By the end of 2021, LIBOR is expected to be phased out, which necessitates ...
Reuters

The end of Libor - the biggest banking challenge you've never heard of

LONDON (Reuters) - On June 30, British bank NatWest sent out an arcane-sounding press release - bus operator National Express had become the first company to take out a loan based on Sonia, a ...
AOL

What was the LIBOR rate, and what happened to it?

LIBOR set interest rates for trillions of dollars in loans for over 30 years. Banks manipulated the rate because it relied on estimates rather than real transactions. A new system called SOFR replaced ...
HousingWire

[PULSE] The shift from LIBOR to SOFR is on the horizon – Are you ready?

Whether it’s the side of the road we drive on, our preferred system of measurement or how we define “football,” America always seems to distinguish itself from Britain. Despite this, American lenders ...
The Financial Times

Libor’s long goodbye

Michela Tindera There’s been a looming deadline hanging over financial markets. It’s coming to an end this summer. And the deadline has to do with shifting away from this notorious benchmark rate ...
International Monetary Fund

LIBOR: World Reference Point

Every weekday at about 11 a.m., 17 large banks, under the auspices of the ICE Benchmark Administration, report the rate at which they believe they can borrow a “reasonable” amount of dollars from each ...
Forbes

LIBOR Transition Creates Possible Disconnect Exposure

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 ...