Workshop Overview
‘Interbank Offered Rate’ (IBOR) reference interest rates are
ending soon. LIBOR (the London-based set of IBOR rates
for GBP, USD, CHF, and JPY) will be ceasing as early as 31st
December 2021. This 2-day course will teach participants
about the upcoming move away IBOR rates to the new
‘Risk-Free Rate’ benchmarks examine the transition
requirements for financial institutions and companies to
move their business to this new suite of interest
benchmarks in time for the upcoming change.
Over the two days participants will learn what went wrong
with IBOR rates, how the replacement RFR rates work and
how interest will be calculated, how bonds, corporate loans
and derivatives will work in the RFR world, and finish by
understanding the consensus approach to converting
legacy IBOR deal.