A Network of the National Association of State Treasurers

Reference Rates

With the expected phaseout of LIBOR reference rates at the end of 2021, issuers should take steps today to ensure they understand and are addressing exposure in new and legacy contracts.

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SEC Building Washington

Policy Update—

OMS Statement on LIBOR Transition In The Municipal Securities Market
London skyline.

Policy Update—

U.S. Multi-Agency Response to LIBOR Announcements

Partner Resource—

From: Government Finance Officers Association (GFOA)

The Transition Out of LIBOR: What State and Local Governments Should be Discussing with Their Financing Teams
The London Interbank Offered Rate (LIBOR) is a global benchmark interest rate calculated daily, and is the most widely used benchmark in the capital markets. State and...