Home / News / Risk-Free Rates and the Future of LIBOR: A Bulgarian...

Risk-Free Rates and the Future of LIBOR: A Bulgarian Perspective


In 2013, a wide range of changes were introduced in relation to the London Inter-Bank Offered Rate. A staple for a wide range of financial products, LIBOR has been the dominant rate for syndicated loans, bonds, and derivatives entered into on the Bulgarian, CEE, and wider European markets. However, following a series of problems over the past decade, the need to move away from LIBOR has become apparent. As panel banks would not be required to submit their references by the end of 2021, the question has become what the alternatives to LIBOR are and how they can be implemented.

Read the complete article here.

Related people

Portrait of Ivan Gergov
Ivan Gergov
Senior Associate
Portrait of Dimitar Zwiatkow
Dimitar Zwiatkow