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Treasury and New Zealand Debt Management won't provide detail of exposure to reform of discredited LIBOR, but say they are working to transition away from LIBOR

Treasury and New Zealand Debt Management won't provide detail of exposure to reform of discredited LIBOR, but say they are working to transition away from LIBOR

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3 Comments

Libor is imbedded in 350 trillion $ of financial products, nothing could go wrong.

Another case of "why go fast when you can go slow"
LIBOR was discredited 10 years ago and Treasury and New Zealand Debt Management are JUST now, in 2020, working on transitioning away from it (whatever that means)

Go you good thangs

Days to the General Election: 21
See Party Policies here. Party Lists here.