Corporate bond issuers urged to end LIBOR link quickly – pensions & investments
Corporate bond issuers urged to end LIBOR link quickly – pensions & investments
UK managers have called on companies that issue sterling bonds to speed up the transition to LIBOR, which will be phased out on December 31. About £ 108bn ($ 147.7bn) of London-offered interbank rate bonds have yet to switch to a new benchmark rate, the Investment Association said in a letter on Wednesday to FTSE […]
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