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International Swaps & Derivatives Association Statement on IBA, UK FCA and Federal Reserve Board Announcements on US Dollar LIBOR Consultation
December 01, 2020
NEW YORK, Dec. 1 -- The International Swaps and Derivatives Association issued the following statement on Nov. 30:

ISDA has published the following statement in response to today's announcements by ICE Benchmark Administration (IBA), the administrator of LIBOR, the UK Financial Conduct Authority (FCA) and the Federal Reserve Board (FRB).

"Today, IBA announced that it will consult on its intention to cease publication of the one-week and two-month US dollar LIBOR se . . .

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