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LIBOR Is Changing: Five Important Updates

T. Rowe Price’s working group explains the LIBOR transition.

Jeff DeVack, Mike McGonigle, Predrag Rogic, Doug Spratley
T. Rowe Price,  July 2020

Key Insights

  • Financial authorities continue to plan to replace LIBOR after the end of 2021 with new alternative reference rates (ARR).

  • Investors should be aware of key differences between the ARRs and LIBOR that authorities are addressing to alleviate potential disruption.

  • T. Rowe Price’s dedicated working group has made progress in our exposure analysis and firmwide transition plans with the aim of protecting our clients’ investments.

Access the full report on T. Rowe Price

Jeff DeVack Fixed Income Portfolio Specialist

Mike McGonigle Director of Credit Research

Predrag Rogic Senior Legal Counsel and Head of Legal Capital Markets

Doug Spratley Head of U.S. Fixed Income Trading– Money Markets