A significant amount of the Fixed-To-Floating Rate Preferred and Baby Bond securities tied to 3-Month Libor are above initial coupon rate when they float. Recent legislation removes risk associated ...

NEW YORK, May 22 (Reuters) - The effective demise of the tainted London Interbank Offered Rate (LIBOR) next month and the switch to the risk-free rate has renewed concerns about the potential negative ...

NEW YORK--(BUSINESS WIRE)--Morgan Stanley (NYSE: MS) today announced that all U.S. law-governed U.S. dollar LIBOR ICE Swap Rate (“USD LIBOR ISR”)-linked debt securities issued by Morgan Stanley and ...

OLDWICK, N.J.--(BUSINESS WIRE)--As the process for replacing the London Interbank Offered Rate (LIBOR) nears its conclusion, existing contracts that do not provide for the use of a replacement ...

LIBOR set interest rates for trillions of dollars in loans for over 30 years. Banks manipulated the rate because it relied on estimates rather than real transactions. A new system called SOFR replaced ...

Companies are paying more to hedge a forward-looking interest-rate benchmark that is being widely used to replace the troubled London interbank offered rate, an added expense that comes as finance ...

LONDON, May 10 (Reuters) - Britain's finance watchdog wants banks to speed up a shift to new interest rate benchmarks that replace the Libor rate which is being scrapped after December. The London ...

— -- A new scandal in the banking industry is undermining its image, already tarnished by rogue trading at JPMorganChase and the 2008 subprime mortgage collapse. At the heart of the scandal: ...

Agency mortgage REITs (mREITs) are REITs that invest in mortgages that are guaranteed by government agencies and therefore have no credit risk. While their business models have been pretty miserable ...

The secured overnight financing rate (SOFR) is an important benchmark rate that reflects the average interest rate banks pay to take out secured loans in U.S. dollars overnight. The loans are secured ...

Learn how the current index value impacts variable-rate loans, affecting interest rates with indexed rates and margins. Essential for market-related financial decisions.