Act now on LIBOR transition: IA's stark warning to FTSE 350 bosses

£108bn of outstanding corporate bonds still in circulation

Mike Sheen
clock • 2 min read

The Investment Association (IA) has told FTSE 350 firms still issuing LIBOR-linked sterling bonds "time is running out" and urged them to transition to an alternative reference rate or risk "significant market disruption and harm to investors".

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