Federal Home Loan Bank of Des Moines System Regulator Provides London Interbank Offered Rate Transition Guidance
September 27, 2019
September 27, 2019
DES MOINES, Iowa, Sept. 27 -- The Federal Home Loan Bank of Des Moines, a district bank in the Federal Home Loan Bank System, issued the following news:
The financial markets are preparing for the expected phase-out of the London Interbank Offered Rate (LIBOR) by the end of 2021.
As part of this transition, the Federal Housing Finance Agency (FHFA) recently issued a supervisory letter to all Federal Home Loan Banks (FHLBanks). The FHFA, which regulates the FHLBanks, has . . .
The financial markets are preparing for the expected phase-out of the London Interbank Offered Rate (LIBOR) by the end of 2021.
As part of this transition, the Federal Housing Finance Agency (FHFA) recently issued a supervisory letter to all Federal Home Loan Banks (FHLBanks). The FHFA, which regulates the FHLBanks, has . . .