Legal News

Loan Market Association revised rate switch agreements—what’s changed?

Published on: 01 December 2020
Published by: LexisPSL
  • Loan Market Association revised rate switch agreements—what’s changed?
  • What new documents has the LMA published?
  • What are the key features of the Revised Rate Switch Agreements
  • How do the Revised Rate Switch Agreements differ from the Initial Rate Switch Agreement?
  • Rate switch mechanics
  • Rounding
  • Compounding methodology supplement
  • Duration of interest periods
  • Replacement of Screen Rate
  • Cost of funds
  • More...

Article summary

Banking & Finance analysis: This News Analysis provides a summary of the key ways in which the rate switch agreements published by the Loan Market Association (LMA) in November 2020 differ from the initial draft published by the LMA in September 2020. or take a trial to read the full analysis.

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