„Interest Rate Benchmark Reform"

27. Nov 20193:00 PM - 7:00 PM
City Campus, Schlögelgasse 22-26 | H13c

The Most Ambitious Change Programme in Modern Financial History

I Stock 533923388

Sometime after the end of 2021, LIBOR benchmark interest rates will cease to be published. The end of LIBOR will affect some €400 trillion of derivatives, loans and securities, principally denominated in US dollars and sterling. LIBOR will be replaced by new or strengthened overnight risk-free rates (RFRs) or benchmarks constructed from RFR swap rates. The Eurozone is taking a different course – a reformed EURIBOR will continue alongside a new overnight benchmark (the Euro Short Term Rate or €STR).

In his lecture, Mr. Patrick Carey explains why this is happening, why the Eurozone is pursuing a different course, the progress made to date and the very significant risks, uncertainties and challenges that remain.

We look forward to welcoming you to this event.

Please register - www.fhwn.ac.at/olfinance

< All Events