A sterling fund ##R subcommittee is reportedly investigating the possibility of a synthetic LIBOR for certain legacy applications , according to Risk.net . A modified formula - based LIBOR derived from a RFR is one of the extreme measures the new “ tough legacy " technology is understood to be considering .
A sterling RFR WG subcommittee is reportedly exploring the possibility of a synthetic LIBOR for certain legacy contracts, according to Risk.net. A modified formula-based LIBOR derived from a RFR is one of the extreme measures the new “tough legacy" subcommittee is understood to be considering.