HLB LIBOR Contracts Cessation

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LIBOR Contracts Cessation

LIBOR Contracts Cessation

 

Kuala Lumpur, 29 October 2021

 

Please be informed that global issuance of new LIBOR contracts will cease by 31 December 2021.

Similarly, Bank Negara Malaysia requires banks to cease issuance of LIBOR contracts by 31 December 2021 and to reference new products against alternative rates.

 

BNM LIBOR e-brochure

 

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