KM Financial Solutions | UPDATE 1-Britain extends deadline for Libor loan switch, sticks to end-2021 expiry
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UPDATE 1-Britain extends deadline for Libor loan switch, sticks to end-2021 expiry

UPDATE 1-Britain extends deadline for Libor loan switch, sticks to end-2021 expiry

Britain’s markets watchdog has
extended the deadline for ending the use of the Libor interest
rate benchmark in new loans until the end of March next year due
to the coronavirus pandemic.

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