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Respondents support ISDA’s fallbacks for GBP and USD LIBOR ICE Swap Rates

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Published on: 23 July 2021
Published by LNB News

LNB News 23/07/2021

Document Information

Issue Date: 23 July 2021

Published Date: 23 July 2021

Jurisdiction(s): United Kingdom

Article summary

The International Swaps and Derivatives Association (ISDA) has announced the results of its June 2021 consultation on the implementation of fallbacks for the sterling LIBOR ICE Swap Rate and the US dollar LIBOR ICE Swap Rate. The results indicate that a significant majority of respondents agree with the fallback provisions set out in the draft amendments attached to the consultation.

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Jurisdiction(s):
United Kingdom

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