A new era has begun! Although the key LIBORs now have transitioned to risk-free replacement rates, global transition activity continues with respect to other interbank offered, and similar, rates, and we will continue to update you on these developments.
The IBOR Transition Digest is a periodic compendium of global regulatory and market developments and insights on the complex issues confronting financial market participants as they continue to transition from LIBOR and its variants to replacement benchmark interest rates. With 30 June 2023 quickly approaching, it is critical to have access to comprehensive and timely resources about the market.
For additional resources and an introduction to our global cross-practice IBOR Transition Task Force, please visit Mayer Brown's IBOR Transition portal.
Thought Leadership | News and Developments | Events
A New Beginning . And an Ending
Eye on IBOR Transition blog, 18 August
2023
Summarizing the current status of IBOR transition and announcing
the retirement of our Eye on IBOR Transition blog. This IBOR Digest
will continue as our primary vehicle for delivering current market
updates and analysis to you.
View all of our IBOR transition thought leadership under the Perspectives tab of our IBOR Transition portal page. Our Eye on IBOR Transition blog, with three years of our analysis and commentary during the key transition years, has been retired but remains available for future reference.
United States - General
Joint Statement by Invesco Indexing LLC
and SOFR Academy, Inc. re IOSCO Statement
Invesco Indexing LLC and SOFR Academy, Inc., 31 July
2023
Acknowledging that while neither the USD Across-the-Curve Credit
Spread Indexes (AXI) or the USD Financial Conditions Credit Spread
Indexes (FXI) were included in the scope of IOSCO's review, the
administrators of AXI and FXI recognize the recommendations made to
relevant administrators and intend to continue to provide
transparency into how AXI and FXI are constructed, and to develop
and maintain all indexes "in compliance with the highest
international standards and requirements."
IBOR Transition Digest - August 18, 2023
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