The Old Lady is forging ahead to find and promote a Libor alternative
The Bank of England plans to hold on November 26 a meeting
of a senior working group seeking an alternative to Libor,
marking a crucial step as the central bank focuses in on two
possible alternative solutions ahead of a possible decision
The Bank of England has told the various banks that sit on
the Risk-Free Rate (RFR) Working Group the plan is to meet
again next week and forge ahead with its mandate to find and promote an alternative to
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