IBORsitoumusten
IBORsitoumusten refers to a category of financial contracts, specifically interest rate swaps, that are pegged to a benchmark interest rate known as IBOR (Interbank Offered Rate). These instruments have historically played a significant role in financial markets, allowing entities to manage interest rate risk or speculate on future rate movements. A typical IBOR swap involves two parties exchanging streams of future interest payments, with one stream usually being a fixed rate and the other a variable rate tied to an IBOR such as LIBOR (London Interbank Offered Rate) or EURIBOR (Euro Interbank Offered Rate).
The structure of an IBOR swap is designed to convert a variable interest rate exposure into a
The global transition away from IBORs, driven by concerns about their robustness and potential for manipulation,