The Information Of Libor Discontinuity

Yth. Nasabah BNI.The London Interbank Offered Rate ("LIBOR") will be discontinued all over the world.LIBOR is a benchmark rate for calculating various interest rates for financial products.The discontinuity of LIBOR arises from the need to improve the accuracy and integrity of determining financial interest rates.The Financial Conduct Authority (FCA) as the movement of LIBOR regulator, on March 5, 2021 has stated that LIBOR will be permanently discontinued, so that it cannot be used as...
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