U.S. regulator wants market pricing for Libor

04/26/2013 | Bloomberg Businessweek

The Financial Stability Oversight Council has released a report calling for interest-rate benchmarks to be based on tangible market transactions. The regulator wants global agencies to look for London Interbank Offered Rate alternatives "that are anchored in observable transactions and are supported by appropriate governance structures," according to the report.

View Full Article in:

Bloomberg Businessweek

Published in Briefs: