In the second part of the podcast, Michael Whalen dives into LIBOR’s replacement, SOFR; and explains different approaches to replacing LIBOR and what the next generation of benchmarks will be expected to handle.
Read MoreMichael Whalen, a BRG managing director, discusses the future of LIBOR, one of the key benchmark rates in the world economy, which is set to go away in 2021. He provides a brief history of LIBOR and discusses why it’s being phased out.
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