The London Interbank Offered Rate (LIBOR) was a major global interest rate benchmark, which was replaced by SOFR. Learn about ...

Andriy Blokhin has 5+ years of professional experience in public accounting, personal investing, and as a senior auditor with Ernst & Young. In macroeconomics, the interest rate plays a crucial role ...

Is the increased gap between Libor and overnight rates a Machiavellian scheme, where liquid banks are forcing up Libor to earn extra cash on products that are indexed against this measure of money ...

After years of transition efforts, the benchmark interest rate for nearly all commercial loans for the past 40 years (LIBOR) has been phased out and replaced in most agreements with a new benchmark ...

“Libor works as a reference rate because it represents where banks borrow,” says Peng, who prefers a return to the pre-Libor reference rate of three-month Treasury bills in the US. “My view is that ...

During the transition of the London InterBank Offered Rate (LIBOR) to the approved substitute benchmark in the United States, the Secured Overnight Financing Rate (SOFR), a basic question was raised ...

It seems there is no shortage of financial scandals to write about these days. By now you have no doubt heard about the latest financial scandal involving LIBOR, the London InterBank Offering Rate.