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ICE to cease publication of all USD LIBOR ICE Swap Rate runs after 30 June 2023

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Published on: 14 November 2022

Published by LNB News

LNB News 14/11/2022

Document Information

Issue Date: 14 November 2022

Published Date: 14 November 2022

Jurisdiction(s): United Kingdom

Article summary

ICE Benchmark Administration (IBA) has announced that it will cease the publication of all USD LIBOR ICE Swap Rate runs (ie USD LIBOR Rates 1100, USD LIBOR Spreads 1100 and USD LIBOR 1500) for all tenors immediately after publication on 30 June 2023. IBA urges users to take account of its upcoming cessation and ensure their contractual and other arrangements linked to the benchmark contain appropriate fallback or other arrangements to address the cessation.

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