IBORs | Fieldfisher
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IBORs

ISDA (the International Swaps and Derivatives Association) estimates there is more than $370 trillion in exposure to interbank offered rates (IBORs) across products, and financial institutions are facing pressure to phase out their exposure to LIBOR by 2021. In an issue which is bound to have profound implications for all market participants, our teams chart the latest developments.

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IBORs Discontinuance

The deadline for LIBOR’s discontinuance is fast approaching and there is little time for all counter-parties to prepare. The enormity of the LIBOR transition in some markets is formidable and it will be far more unnerving as the deadline draws ever closer. 

Our dedicated IBORs website offers in-depth analysis of the issues surrounding IBORs transition.