Libor End Date May Be Unveiled Next Week: Commerz, TD Securities

An announcement of Libor’s end dates could come as soon as next week, according to strategists at TD Securities and Commerzbank AG.

• Investors are braced for an announcement, which could move derivatives markets, after Libor administrator IBA closes its consultation on retirement dates for the benchmark on Monday
  • “Such an announcement could either come from the Intercontinental Exchange, who published Libor or the Financial Conduct Authority, ICE’s regulator,” Commerzbank strategists Hauke Siemssen and Christoph Rieger say in client note
  • “We see chances for the announcement to come as soon as next week”
• Priya Misra, strategist at TD Securities ...