Replacing LIBOR: Weary Swaps Market Eyes Long To-do List

August 16, 2017 Parke Shissler

 

Replacing LIBOR: weary swaps market eyes long to-do list
August 16, 2017

“Obviously, a lot of the risk that is hedged in the market is tied to specific provisions in loans or other underlying financial agreements, and so it’s in some ways a chicken and egg problem. If a corporate is hedging a floating-rate bank loan that is indexed to that same rate, you would say that just matches that index, whether that is overnight derived index or three-month term index. From a risk management perspective, corporates would just want it to be the same index,” says Rob Mangrelli, a director in the global real estate hedging and capital markets team at Chatham Financial in Pennsylvania.

Read More

*Registration may be required

 

Previous Article
Dodd-Frank Was Too Much — And Not Enough
Dodd-Frank Was Too Much — And Not Enough

Dodd-Frank Was Too Much — and Not Enough September 20, 2017 In some ways, the Dodd-Frank Act was an over-...

Next Article
Life After LIBOR: The $350 Trillion Question

Life After LIBOR: The $350 trillion question On an otherwise quiet, summer Thursday, the news yesterday mor...

×

Subscribe to Chatham's Quarterly Derivatives Compliance Insights

First Name
Last Name
Company Name
!
Thank you!
Error - something went wrong!