The End of 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
The final countdown: completing sterling LIBOR transition by end-2021
After many years of preparation, 2021 is the critical year for firms to complete their transition away from LIBOR.
L
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 […]
Euribor
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 […]
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