A group of seven central banks (Bank of Canada, Bank of England, Bank of Japan, European Central Bank, Federal Reserve, Sveriges Riksbank and Swiss National Bank), together with the Bank for International Settlements, are working
MoreDespite the vast challenges caused by the coronarvirus pandemic, financial markets are continuing their preparation for a historic moment: from the end of next year risk-free rates (RFRs) will replace the London Interbank Offered Rate (LIBOR) for the calculation of interest rates.
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