This would do a U - turn and allow LIBOR to be published way beyond 2021 if its discontinuation was likely to result in financial chaos according to The Daily Oracle . It’s hard to tell how many of these contracts are out there that have these safeguards. The newsfeed claims many market experts have said LIBOR should be abandoned , arguing there is not enough consensus about its replacement .
This would do a U - turn and allow LIBOR to be published way beyond 2021 if its discontinuation was likely to result in financial chaos according to The Daily Oracle . The newsfeed claims many market experts have said LIBOR should be abandoned , arguing there is not enough consensus about its replacement .