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.
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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
Bulletin
18 Apr 2024
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/
Regulatory Developments
9 Oct 2020
FSR
– October 2020
stated timeline of no longer sustaining LIBOR beyond the end of 2021 remains in place. ... Including robust fallback provisions in contracts is an important step towards an orderly transition away from LIBOR.
https://www.rba.gov.au/publications/fsr/2020/oct/regulatory-developments.html
Boxes
22 Mar 2024
FSR
A number of Boxes on topics of special interest are published in the Financial Stabiilty Review. These boxes can be read as stand-alone documents or within the relevant Financial Stability Review.
https://www.rba.gov.au/publications/fsr/boxes.html
At a Glance: Financial Stability Review – April 2021
9 Apr 2021
FSR
Another challenge for financial systems is the transition away from LIBOR as an interest rate benchmark.
https://www.rba.gov.au/publications/fsr/2021/apr/
March | 2023
16 Mar 2023
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2023/mar/
The Global Financial Environment
8 Oct 2021
FSR
– October 2021
Significant progress has been made, but with the end of LIBOR imminent, it is critical that this transition work is now completed. ... Endnotes. For more information on the transition away from LIBOR, see RBA (2021), ‘Box A: The Transition Away from
https://www.rba.gov.au/publications/fsr/2021/oct/global-financial-environment.html
2023
14 Dec 2022
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2023/
The Financial Crisis through the Lens of Foreign Exchange Swap Markets
10 Jun 2010
Bulletin
– June 2010
Anecdotal reports suggest that the actual cost of US dollar funding exceeded LIBOR. ... One reason is that LIBOR is based on indicative (rather than contractual) borrowing rates.
https://www.rba.gov.au/publications/bulletin/2010/jun/7.html
Boxes
9 Apr 2021
FSR
– 2021
A number of Boxes on topics of special interest are published in the Financial Stabiilty Review. These boxes can be read as stand-alone documents or within the relevant Financial Stability Review.
https://www.rba.gov.au/publications/fsr/2021/boxes.html