Publication | Proximo

Beyond Libor: The Rise and Fall of a Benchmark

Michael Whalen

March 7, 2019

Michael Whalen writes about the history and regulation of Libor, the benchmark interest rate that underpins project and infrastructure floating rate loans; financial trading; and the potential influence of the Federal Reserve’s Alternative Reference Rates Committee (ARRC) on market structure.

Read the article. (subscription required)

Read part 2, “Beyond Libor: SOFR So Good?

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Michael Whalen

Managing Director

Washington, DC