Tag Archives: LIBOR

The FCA has announced the dates that panel bank submissions for all LIBOR settings will cease, after which representative LIBOR rates will no longer be available

After many years of preparation, 2021 is the critical year for firms to complete their transition away from LIBOR.

Ladder Option An option somewhere between a Lookback (q.v.) and a European Option. A Ladder Call Option has one or more “Rungs” (price levels) above the initial spot level. The Call’s payoff equals the greater of a European Call’s payoff or the excess over Strike of the highest Rung that ...

Euro Interbank Offered Rate. The Brussels-based European Banking Federation’s Euro-denominated counterpart to LIBOR. As of January, 1999, Euribor seems to be winning its battle for acceptance over the British Bankers Association’s Euro LIBOR (q.v.), but London still hopes to win the war for the financial business. On 1/7/99 LIFFE announced ...