The phasing out of LIBOR

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LIBOR: the countdown to 2021

Helping business understand and prepare for the phasing out of LIBOR beyond 2021.

Read our latest report

In July 2017, the Financial Conduct Authority (FCA) signalled the discontinuation of LIBOR after 2021. This kick-started significant activity around the globe to consider the implications and prepare for transition to alternative benchmarks.

Since then, the Bank of England and the FCA have reinforced the message that market participants should not rely on LIBOR's continuation beyond 2021 and must take action now to remove dependence on LIBOR before then.

But what does a transition from LIBOR to an alternative benchmark mean for those using the trillions of dollars of financial products and contracts around the globe which reference LIBOR?

Our approach to LIBOR transition helps business understand how their products with us are affected by the phasing out of LIBOR.

The Countdown to 2021 report gives insight into the background and recent market developments from Steve Bullock, Head of Benchmark Submission and Supervision, Group Corporate Treasury.

Live Broadcast Replay

With the anticipated cessation of GBP LIBOR only just over a year away, our speakers share insights into their experiences and address some of the challenges that businesses are facing into.

LIBOR Transition FAQs

We have produced these FAQs to support clients during LIBOR Transition. 

LIBOR Newsletter

Provides an update on the transition away from LIBOR and other Interbank Offered Rates (IBORS).

Disclosure

Lloyds Bank Disclosure.

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