Do repost and rate:
As the 2021 deadline for replacing LIBOR approaches, the conversation among policy makers and market participants has shifted from which single benchmark will replace the scandal-ridden LIBOR to the value of multiple alternative benchmarks tailored to specific requirements. Regulators and capital markets participants are recognizing that borrowers and lenders need and will benefit from interest rate benchmark choice. Let’s take a step back and look at how we got here and who will benefit.Q2 2020 hedge fund letters, conferences and moreThe Market SpeaksIn the early days of preparing for the tra…
