Searched for
LIBOR LONDON
Libor limbers up for 'Y2K' walk into a $265 trillion sunsetY2K in the end saw few major incidents but regulators are taking no chances with Libor, with banks busy testing their systems.13 Dec, 2021, 12.54 PM IST- Central Bank allows ARR for ECBs, trade creditsCurrently, the benchmark rate is 6-months Libor- London interbank offered rate(Libor) of different currencies or any other 6-month interban...09 Dec, 2021, 06.05 AM IST
- RBI relaxes norms to facilitate LIBOR migration, how!The central bank decided to amend the guidelines related to export credit in foreign currency and restructuring of derivative contracts.06 Aug, 2021, 02.15 PM IST
- Regulators insist derivatives industry must ditch LiborThe Financial Stability Board (FSB), which coordinates financial rules for the Group of 20 Economies (G20), set out its latest roadmap for ...02 Jun, 2021, 05.37 PM IST
- LIBOR is dying, but markets not ready to let it goThe London Interbank Offered Rate or Libor, once dubbed the world's most important number, will be replaced at the end of December with "ri...10 May, 2021, 11.53 PM IST
- Large banks gear up for transition from LIBOR to SOFRSOFR will likely be the new bellwether for Indian companies/banks pricing overseas money market/derivative deals or loans. That would repla...29 Jan, 2021, 06.58 AM IST
- ICICI Bank executes first transaction with alternative rate“Transition from LIBOR to ARR is a critical event in financial markets,” said B. Prasanna, Group Head - Global Markets, Sales, Trading and ...21 Jan, 2021, 08.51 PM IST
- Pandemic market volatility reinforces need to scrap Libor: BOEThe London Interbank Offered Rate is used for pricing borrowing costs in contracts worth $400 trillion globally.07 May, 2020, 07.38 PM IST
- Libor, now set by smaller group of banks, losing status as a world benchmarkThe dominance of a smaller group shows the measure is failing to accurately reflect the true health of the financial system and borrowing c...09 Oct, 2012, 11.03 AM IST
- RBI extends interest rate ceiling on export credit to six monthsThe Reserve Bank today extended the interest rate ceiling on export credit with overseas banks to six months.27 Sep, 2012, 10.59 PM IST
- British Bankers Association bows out of role as Libor's chief arbiterBritish Bankers Association, the body that has been in charge of setting Libor since 1986, officially bowed out of its role as the chief ar...27 Sep, 2012, 01.29 AM IST
- Libor guardians resist changes in benchmarkThe UK bankers and regulators charged with reviewing Libor in the wake of regulatory probes are resisting calls to overhaul the rate .27 Jun, 2012, 02.28 AM IST
- Libor down, spreads with OIS fall tooThe cost of borrowing dollars among banks in London capped its biggest weekly drop since March.09 May, 2009, 02.05 AM IST
- Falling Libor signals credit market thawThe London interbank offered rate that financial companies charge each other for three-month dollar loans fell to within a basis point of 1...02 May, 2009, 02.16 AM IST
- Libor caps longest drop since Nov on bank gainsThe cost of borrowing in dollars in London fell for a 14th day, the longest stretch of declines since November, as improved earnings at ban...18 Apr, 2009, 02.53 AM IST
- Libor to be set by more banks as BBA boosts scrutinyThe British Bankers’ Association, yielding to pressure from investors and regulators, will increase the number of banks that set the London...11 Jun, 2008, 01.06 AM IST
- Libor set for a shake-up after credibility stormFor the first time since 1998, british bankers’ association is considering changing the way it sets the london interbank-offered rate.14 May, 2008, 03.25 AM IST
Load More
