What Happens If the $370 Trillion LIBOR is Replaced? It Has Begun.

Why do you think they have created an alternative to the LIBOR?

The LIBOR is a very important factor in the financial system. $370 trillion worth of financial transactions use the LIBOR today. But this is changing. New competition has formed and some people believe this could be very disruptive to the current financial landscape. Only time will tell.

London Interbank Offered Rate (LIBOR)

www.investopedia.com/terms/l/libor.asp

Secured Overnight Financing Rate – Federal Reserve Bank of New York

apps.newyorkfed.org/markets/autorates/sofr

3M USD LIbor 4.2.jpg (890×507)

www.zerohedge.com/sites/default/files/inline-images/3M%20USD%20LIbor%204.2.jpg?itok=rytIA4QV

Fannie Mae successfully prices bond using ‘alternative to LIBOR’ | 2018-07-27 | HousingWire

www.housingwire.com/articles/46216-fannie-mae-successfully-prices-bond-using-alternative-to-libor

Barclays Is First Bank To Sell Commercial Paper Linked To Libor Alternative | www.bullfax.com

www.bullfax.com/?q=node-barclays-first-bank-sell-commercial-paper-linked-libor-

Understanding the Libor Scandal | Council on Foreign Relations

www.cfr.org/backgrounder/understanding-libor-scandal

Student Loans Owned and Securitized, Outstanding | FRED | St. Louis Fed

fred.stlouisfed.org/series/SLOAS

99.3% Of Demonetised Money Returns To RBI, Report Shows – BloombergQuint

www.bloombergquint.com/demonetisation-one-year/2018/08/29/9915-of-demonetised-money-returns-to-rbi-report-shows#gs.cTKGiKU