LIBOR Sunset: Replacing The Most Important Number in The World

Whitepaper

Widely considered to be “the world’s most important number,” the London Interbank Offered Rate (LIBOR) is set to be permanently retired at the end of 2021. The process of replacing LIBOR and other IBORs with a new set of risk-free rates is already well underway and is expected to impact the majority of financial services firms. Significant conversion activity is expected throughout the remainder of 2020 and 2021. Our latest whitepaper provides guidance on the transition from IBORs to new RFRs, including our plans to support clients through the change.

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