LIBOR rigging

A Plethora of New Reference Rates

A Plethora of New Reference Rates

Ameribor is not the only new short-term interest rate vying for market attention. As part of the post-financial crisis reforms, global regulators are overseeing the abandonment of LIBOR, the London Interbank Offer Rate, in favor of new...

The Spread – LIBOR Edition

The Spread – LIBOR Edition

In this episode of “The Spread,” we look at the history of the LIBOR, a financial innovation that grew to underpin trillions of dollars of derivatives contracts before becoming the centerpiece of one of the largest financial scandals of our time.

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