In a statement issued on September 13, 2023, Bloomberg Index Services Limited (“BISL”) announced that it is seeking feedback from lending market participants on a proposal to cease the publication of all or certain tenors of...more
LIBOR—the London Inter-bank Offered Rate—has been a key interest rate benchmark in commercial lending since the 1980s. LIBOR is derived from the interest rates at which major banks would lend to each other on a short-term...more