Weekly Market Recap – January 14, 2022
Weekly Market Recap – January 14, 2022
The London Interbank Offered Rate (Libor) has died at the age of 52. The benchmark began losing credibility in 2008, and the British Bankers Association announced in 2017 that it would ultimately be removed from use by the international banking industry. The last Libor deals were executed on Dec. 31, 2021, but …