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LIBOR: Origins, Economis, Crisis, Scandal, and Reform
LIBOR: Origins, Economis, Crisis, Scandal, and Reform
 
Our Price: $20.00
By David Hou (au); David Skeie (au)
Year: 2014
Pages: 20
Binding Paperback
ISBN 978-1-4578-5477-4

Product Code: 1457854775

Description
 
The London Interbank Offered Rate (LIBOR) is a widely used indicator of funding conditions in the interbank market. As of 2013, LIBOR underpins more than $300 trillion of financial contracts, including swaps and futures, in addition to trillions more in variable-rate mortgage and student loans. LIBOR's volatile behavior during the financial crisis provoked questions surrounding its credibility. Ongoing regulatory investigations have uncovered misconduct by a number of financial institutions. Policymakers across the globe now face the task of reforming LIBOR in the aftermath of the scandal and crisis. Figures. This is a print on demand report.

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