COMMENTARY

LIBOR, once dubbed the world's most important number, is scheduled to perish from the end of next year. With the fallout from the pandemic demanding the full attention of banks, it would be better...

REGULATORS on both sides of the Atlantic have spent the better part of three years trying to kill the London interbank offered rate (Libor). Now, they are looking to it once again to underpin...

BRITAIN'S markets watchdog has extended the deadline for ending the use of the Libor interest rate benchmark in new loans until the end of March next year due to the coronavirus pandemic.

[LONDON] Corporate treasurers in crisis-fighting mode look set to miss looming deadlines to abandon the scandal-plagued Libor benchmark, threatening a showdown with regulators powering ahead with...

OCBC Bank and Standard Chartered have completed Singapore's first overnight indexed swap derivatives transaction using the Singapore Overnight Rate Average (SORA) as the interest rate benchmark,...

OCBC Bank and Standard Chartered have completed Singapore’s first overnight indexed swap derivatives transaction using the Singapore Overnight Rate Average (SORA) as the interest rate benchmark....

ON June 30, British bank NatWest sent out an arcane-sounding press release - bus operator National Express had become the first company to take out a loan based on Sonia, a replacement for scandal...

[LONDON] On June 30, British bank NatWest sent out an arcane-sounding press release - bus operator National Express had become the first company to take out a loan based on Sonia, a replacement...

SINGAPORE will transition from the use of the Sing-dollar Swap Offer Rate (SOR) to the Singapore Overnight Rate Average (SORA) over the next two years, as the scandal-tainted Libor is due to meet...

[WASHINGTON] The US markets regulator on Friday added its voice to the chorus of global watchdogs calling for banks to promptly end their use of the Libor lending benchmark, warning that the...