Search: LIBOR
RBA Glossary definition for LIBOR
LIBOR – The London Inter-Bank Offered Rate (LIBOR) is a reference rate based on the interest rates at which banks offer to transact with each other on an unsecured basis in the London market. The LIBOR reflects quotes by a panel of banks for maturities of up to 12 months for the euro, Japanese yen, Swiss franc, UK Pound sterling, and the US dollar. The reference rates are set at 11.00 am London time.
Search Results
The End of Libor and the Australian Market
18 Mar 2021
Speech
Speech delivered by Christopher Kent, Assistant Governor (Financial Markets), to ISDA Benchmark Strategies Forum Asia Pacific, Online
https://www.rba.gov.au/speeches/2021/sp-ag-2021-03-18.html
Regulators Urge Financial Institutions to Plan for LIBOR Transition
9 May 2019
Media Releases
In particular, users of LIBOR should:. be aware of the size and nature of their exposures to LIBOR;. ... LIBOR and to take timely action to plan for a world in which LIBOR is no longer available.’.
https://www.rba.gov.au/media-releases/2019/mr-19-12.html
Box A: The Transition Away from LIBOR
8 Apr 2021
FSR
– April 2021
the reference rate, to include the fallback rates to apply when LIBOR is discontinued. ... Notwithstanding the robustness of BBSW, LIBOR transition is nonetheless a key priority in Australia.
https://www.rba.gov.au/publications/fsr/2021/apr/box-a-the-transition-away-from-libor.html
Regulators Release Feedback on Financial Institutions' Preparation for LIBOR Transition
8 Apr 2020
Media Releases
Joint Media Release Regulators Release Feedback on Financial Institutions' Preparation for LIBOR Transition. ... Use of LIBOR beyond the end of 2021 poses significant reputational, operational and legal risks for institutions.
https://www.rba.gov.au/media-releases/2020/mr-20-12.html
Regulators expect Australian institutions to cease the use of LIBOR in new contracts before the end of 2021
4 Jun 2021
Media Releases
Regulators in Australia are reiterating the importance of ensuring a timely transition away from the London Interbank Offered Rate (LIBOR).
https://www.rba.gov.au/media-releases/2021/mr-21-10.html
All Speeches
9 Mar 2023
Speeches by senior staff of the Reserve Bank
https://www.rba.gov.au/speeches/list.html
Benchmark Reforms
17 Nov 2020
Speech
Speech delivered by Christopher Kent, Assistant Governor (Financial Markets), to the Australian Securitisation Forum Virtual Symposium, Sydney
https://www.rba.gov.au/speeches/2020/sp-ag-2020-11-17.html
Interest Rate Benchmarks
8 Sep 2017
Speech
Speech delivered by Guy Debelle, Deputy Governor, at the FINSIA Signature Event: The Regulators, Sydney
https://www.rba.gov.au/speeches/2017/sp-dg-2017-09-08.html
Progress on Benchmark Reform
11 Apr 2019
Speech
Speech delivered by Guy Debelle, Deputy Governor, at ISDA's 34th Annual General Meeting,
https://www.rba.gov.au/speeches/2019/sp-dg-2019-04-11.html