Managing the LIBOR Transition – Basis & Calculation

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In our September issue, we presented a report from the Swiss law firm Wenger & Vieli on the change from LIBOR that resonated with many of you.

AFP and ION Treasury have launched a guide that outlines the main differences between the new risk-free reference rates identified to replace LIBOR. The guide identifies the key questions for treasurers to ask when negotiating a replacement rate with a counterparty, including the variables regarding the calculation of interest. It also suggests how best to ensure treasurers can calculate interest and value instruments following the transition to new rates. Replacement Risk-Free Rates Reviewed: ESTR (EUR), TONA (JPY), SARON (CHF), SONIA (GBP), and SOFR (USD). Maybe you will find these sources in tables also worthwhile to keep or hang it behind your desk. Here the link to our tomato publications:

Further details about the major new rates and a clear image of the list below on our website.

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LIBOR – what will happen next?

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IBOR transition event on Jan 28th, 2021: 18:00 – 19:30
By Swiss Risk Association

Summary

“With the final cessation announcement regarding LIBOR expected in the next few weeks, we have the chance to get a broad picture of what is happening in the Swiss, European and UK market. With Switzerland and UK being the vanguard of the LIBOR transition, we’ll learn what is going to happen next. How will the market adapt to the cessation, how will the market participants deal with tough legacy transactions, how will the retail market (cash products) in these markets adapt to the new normal? All these aspects will be discussed during our IBOR transition event on Jan 28th, 2021.”

Price: CHF 0.- * Access: Public * Slides and video replay: Member only

Details incl. registration and link to zoom access…