Due to the planned cessation of LIBOR as a regulated benchmark, and the consequent reduction in trading volumes seen in LIBOR-linked interest rate swaps, Moorgate Benchmarks and TP ICAP propose to cease the production and dissemination of the TP and ICAP LIBOR-linked benchmarks.
The linked document provides further detail and requests stakeholder comment regarding the cessation plan and the planned timetable.
- Gareth Parker
- May 30, 2023
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