What we know about LIBOR replacement today: LIBOR is expected to be discontinued after 2021 as a result of regulators pushing participants to move away from what has been an industry benchmark for ...

Commercial real estate borrowers and lenders are preparing for a looming LIBOR transition deadline—a process complicated by the fact that there’s no clear U.S. replacement for the widely-used ...

Our previous article on this topic outlined the challenging issue of LIBOR transition—that is, moving from LIBOR to another benchmark rate—for asset-backed securities such as residential ...

The Federal Reserve Board adopted a rule that will officially set the Secured Overnight Financing Rate (SOFR) as the fallback benchmark rate in financial contracts that reference the expiring London ...

But SOFR is an overnight rate, and therefore much more volatile than LIBOR, leading experts to think a new, forward-looking SOFR would be the best replacement. LIBOR, dubbed the world’s most important ...

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The Governmental Accounting Standards Board proposed accounting and financial reporting guidance Thursday for state and local governments to help them transition away from the London Interbank Offered ...

Differences in LIBOR replacement rates could upset complex deal structures. Floating rate debt instruments for commercial real estate loans and many other forms of financing have for decades relied on ...

Wall Street is struggling to find a replacement for Libor, the scandal-plagued interest rate that governs debt and contracts worth $200 trillion, including consumer mortgages and loans. Time is now ...