UK Tells Banks To Switch Out Libor In Swaps Market By Sept.

By Najiyya Budaly (July 21, 2021, 4:31 PM BST) -- Britain's financial regulators told banks on Wednesday to move away from referring to Libor in their cross-currency swaps within two months as markets move ahead with plans to ditch the tarnished interbank benchmark rate by the end of the year....

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