LIBOR Fallback Rate Curves for Any LIBOR Cessation Currencies

The FSB recommends to replace IBOR with alternative risk-free reference rates (RFRs). It also develops fallback rates to improve contract robustness to address risks of discontinuation of widely used interest rate benchmarks. The continued reliance of global financial markets on LIBOR poses risks to financial stability. There was a common view across FSB member jurisdictions that overnight RFR should be encouraged across the markets and that contracts referencing IBORs should have robust fallbacks

搜集汇总

背景与挑战

背景概述

该数据集涉及LIBOR退出的后备利率曲线，旨在支持金融稳定委员会（FSB）的建议，即用无风险参考利率（RFRs）替代IBOR，并开发后备利率以增强合约韧性，应对基准利率停用风险。FSB成员普遍认为应推广隔夜RFR，并确保相关合约具备稳健的后备机制，以维护金融稳定。