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From Libor to SOFR: DFIs anxiously waiting for transition

ISLAMABAD: Nearly a dozen Development Finance Institutions (DFIs) are anxiously waiting for transition from USD. ....

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To be applicable from July 1, 2023: Govt set to approve transition of LIBOR to 'SOFR'

ISLAMABAD: The government is all set to approve transition of London Interbank Offer Rate (LIBOR) to Secured Over. ....

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SOFR likely to replace LIBOR as benchmark - Business Recorder

ISLAMABAD: The Power Division has constituted a seven-member committee to identify an appropriate benchmark to. ....

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Alternative Currency Benchmark Rate Updates

While cessation date for USD LIBOR is June 30, 2023, deadlines for continuing IBOR benchmarks for other currencies are more mixed. What is current state of alternative currency benchmark rates? What information do you need to assess their use in your facility documentation? ....

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USD LIBOR to SOFR: DFIs concerned at transitioning delay

ISLAMABAD: The world’s top ten Development Finance Institutions (DFIs) have expressed serious concern at. ....

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