Question
In response to the 2012 scandal involving the fixing of London Interbak Offer Rate (LIBOR) that deeply shook financial markets, regulators around the world introduced
In response to the 2012 scandal involving the fixing of London Interbak Offer Rate (LIBOR) that deeply shook financial markets, regulators around the world introduced alternative reference rates such as Secured Overnight Financing Rate (SOFR) and Korea Overnight Financing Repo Rate (KOFR), which are based on surveys of rates reported by participating banks. True False
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Inside And Outside Liquidity
Authors: Bengt Holmstroem, Jean Tirole
1st Edition
0262518538, 9780262518536
