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EC: Designation of a statutory replacement rate for CHF LIBOR

23 Mar 2021 International 1 min read

The EC is consulting on the suitability of designating a statutory replacement for certain settings of CHF LIBOR to products such as savings accounts, mortgages and loans, including consumer credit agreements and small business loans, concluded prior to the entry into application of the Benchmarks Regulation. Responses are required by 18 May 2021.



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