BRG & AFX | LIBOR’s Sunset & AMERIBOR’s Dawn
With a definitive end date of June 30, 2023, and strong regulatory pressure to stop originating new LIBOR contracts by December 31, 2021, the end of LIBOR is clearly in sight. However, while SOFR has received the most attention as a potential replacement reference rate, market participants should consider the advantages of The American Financial Exchange’s (AFX) AMERIBOR® Benchmark. BRG’s Paul Noring and Jeffrey Armstrong joined Dr. Richard L. Sandor (AFX) to cover key topics related to the transition.