LIBOR will cease to be calculated for most settings at the end of 2021. This means organizations with exposure to LIBOR, in both financial and commercial contracts, will have to move to a new reference rate.
The new AFP Executive Guide to Managing the Libor Transition, underwritten by ION, outlines the main differences between the new risk-free reference rates identified to replace LIBOR.
Guide insights include:
– Key questions for treasurers to ask when negotiating a replacement rate with a counterparty
– How best to ensure treasurers can calculate interest and value instruments following the transition to new rates.