LIBOR Frequently asked questions (FAQs)

LIBOR, the London Interbank Offered Rate, will not be used for new financial contracts after December 31, 2021, and is expected to be fully phased out by June 30, 2023. This has implications for investors and consumers alike as LIBOR is the reference rate for many different types of products. We've compiled this information to help you understand how LIBOR's discontinuation may impact you.

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