LIBORcast
More than US$350 trillion in derivatives and financial products are tied to LIBOR. Its impending replacement as a benchmark interest rate will have a significant impact on the world’s lending, borrowing and investing businesses as well as consumer mortgages, student loans and credit card interest rates. Hosted by members of Dechert’s Global Finance practice, LIBORcasts feature in-depth conversations with industry leaders and regulators as they navigate the LIBOR transition.
LIBORcast
Goldman Sachs MD Jason Granet on LIBOR Extension News
•
Dechert LLP
The IBA’s announcement that it is consulting on plans to extend LIBOR until June 2023 is welcome news to many market participants, but will it pave the way for a smoother transition? In this episode, Dechert’s Matt Hays and Goldman Sachs managing director Jason Granet discuss the latest news on the extension and how industry participants can make the most of the extra time to better prepare for LIBOR’s eventual replacement.