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114. Why is the Most Important Number in the World Going Away?
The London Interbank Offered Rate -- aka LIBOR -- is the most widely-used benchmark for short-term interest rates in the world. So if LIBOR is so popular, then why is it going away? And what's replacing it? Ming Min Lee, a principal with Oliver Wyman, has the answers.
After you listen, check out AFP's LIBOR transition plan for a rundown of the issue, plus key actions you can take now.
Discuss LIBOR at AFP 2018 this November in Chicago. Save $100 off registration when you use promo code PODCAST18. Visit www.AFP2018.org/pricing.
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By Association for Financial Professionals: Treasury and Finance Professional
4.6
2525 ratings
The London Interbank Offered Rate -- aka LIBOR -- is the most widely-used benchmark for short-term interest rates in the world. So if LIBOR is so popular, then why is it going away? And what's replacing it? Ming Min Lee, a principal with Oliver Wyman, has the answers.
After you listen, check out AFP's LIBOR transition plan for a rundown of the issue, plus key actions you can take now.
Discuss LIBOR at AFP 2018 this November in Chicago. Save $100 off registration when you use promo code PODCAST18. Visit www.AFP2018.org/pricing.