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Capital Markets

Libor Is Not Going Down Without a Fight

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June 26, 2018

Battle brews as Intercontinental Exchange vows to maintain Libor. 

Regulators may want to shift to new benchmark rates for floating-rate debt, but the Intercontinental Exchange (ICE) isn't giving up on the London Interbank Offered Rate (Libor), which it took over in 2014, setting up a potential clash between rates and a maelstrom for users of floating-rate debt and derivative products.

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