Bonds
Treasury and New Zealand Debt Management won't provide detail of exposure to reform of discredited LIBOR, but say they are working to transition away from LIBOR
27th Aug 20, 9:21pm
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3 Comments
by
Andrewj
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28th Aug 20, 5:06am
Libor is imbedded in 350 trillion $ of financial products, nothing could go wrong.
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Andrewj
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28th Aug 20, 5:11am
Another case of "why go fast when you can go slow"
LIBOR was discredited 10 years ago and Treasury and New Zealand Debt Management are JUST now, in 2020, working on transitioning away from it (whatever that means)
Go you good thangs
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