Banking

Podcast: Navigating the Beginning of the End for Libor

5… 4… 3… 2… 1… The banking market remains in the last New Year’s Eve countdown to the cessation of 2 U.S. dollar Libor tenors, with the rest set to stop in 2023. On the current episode of the ABA Banking Journal Podcast — sponsored by ServiceLink — ABA’s Hu Benton supplies a status upgrade on the Libor shift and what lenders require to understand. Among other subjects, he talks about:

  • Where banks remain in their rate shift procedures
  • The newest declarations and expectations from regulators
  • Libor options banks are utilizing or checking out, consisting of SOFR, BSBY and Ameribor
  • Policy solutions for so-called “tough legacy” agreements — Libor-referencing agreements that develop after cessation however that cannot be customized to consist of fallback language

If you can’t see the audio gamer above, click on this link to listen to this episode.

This episode is sponsored by ServiceLink.

In this episode:

Hu Benton
SVP and Policy Counsel
ABA

Evan Sparks
Editor-in-Chief
ABA Banking Journal

Gabriel

A news media journalist always on the go, I've been published in major publications including VICE, The Atlantic, and TIME.

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