MCLEAN, Va., April 13, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website a list of more than 34,000 Freddie Mac floating-rate securities transitioning from LIBOR to ...

These Legacy LIBOR Instruments provide by their terms that USD LIBOR will be replaced by a rate that matches the Board-selected benchmark replacement if the issuer determines that a benchmark ...

Industry advocacy groups view the Libor transition as a continuing education effort for municipal advisors and an issue that could be eased with a legislative fix from Congress. Processing Content ...

As if lenders didn’t have enough to deal with these days with the deluge of borrower requests for forbearance and payment relief, they continue to face a ticking clock on the transition away from ...

WASHINGTON — Breaking up is hard to do. Breaking up with an interest rate that is baked into millions of contracts worth trillions of dollars is even harder, but 2022 was the year the financial system ...

The phase-out of the London Interbank Offered Rate (LIBOR) is coming and is set to cause major disruption for insurers. LIBOR is the primary benchmark for short-term and variable interest rates used ...