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Frequently Asked Questions BACK

When will LIBOR cease?

The Financial Conduct Authority in the United Kingdom (FCA) announced on March 5, 2021 that LIBOR panel Bank Submissions will cease immediately after December 31, 2021 for all GBP, EUR, CHF, JPY settings as well as for the 1-week and 2-month USD settings. The FCA also announced that the remaining LIBOR settings for USD will cease on June 30, 2023.