Macrina, Andrea; Skovmand, David - In: Risks : open access journal 8 (2020) 1/23, pp. 1-18
Interest rate benchmarks are currently undergoing a major transition. The LIBOR benchmark is planned to be discontinued by the end of 2021 and superseded by what ISDA calls an adjusted risk-free rate (RFR). ISDA has recently announced that the LIBOR replacement will most likely be constructed...
