Thursday, March 23, 2023

Latest Posts

DTCC: Opens new Libor replacement communications port

DTCC: Opens new Libor replacement communications port

  • DTCC is the premier post-trade market infrastructure for the global financial services industry
  • Announced that it has launched its new LIBOR Benchmark Replacement Index solution to support the industry’s transition
  • With the new solution, users will be able to view information for over 100,000 debt securities
  • Subscribers can also leverage the solution to stay informed on LIBOR replacement rate information submitted by issuers
  • For decades, market participants have used LIBOR as the benchmark reference for determining interest rates for debt instruments
  • LIBOR cessation is a significant operational undertaking that could pose risk for firms around the globe

Latest Posts

Don't Miss