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Synthetic dollar LIBOR rate to be published until September 2024

Dictionary entry for LIBOR
Photo: Getty Images

FCA takes decision to aid orderly transition.

The FCA has decided to extend publication of some US dollar LIBOR rates for an extra 15 months, so-called ‘synthetic LIBOR’. The move is recognition of the difficulties of the transition from LIBOR.

After consultation, the FCA has decided to “continue the publication of the 1-, 3- and 6-month US

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