Reference Rates

Reference Rates Upgraded to all new Avatars (Part 3 of 3)

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The final installment of a series on the re-building of LIBOR

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Article: Reference Rates Upgraded to all new Avatars | (Part 2 of 3)

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Last week, I have introduced reference rates, their usage in financial industry, existing loopholes, attempted manipulation and proposed recommendations by FSB (with OSSG) to revamp these reference rates in order to make them robust and transparent (http://www.theotcspace.com/2014/10/29/reference-rates-upgraded-all-new-avatars-part-i-3). In this article (Part 2 of 3) I explain about these recommendations in detail and also the advantages of implementing them.

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Reference Rates Upgraded to all new Avatars | (Part I of 3)

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This article is Part 1 of my explanation on recent recommendations suggested by the Financial Stability Board (FSB) on existing reference benchmark rates. 

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