UK - The US dollar LIBOR should end publication after the 30 June 2023

24/04/2023

The interest rate benchmark LIBOR is being wound down. Publication of the remaining US dollar LIBOR settings ceases immediately after 30 June 2023. Most of LIBOR have ended, and their settings ceased or are permanently unrepresentative.

The overnight, 1-month, 3-month, 6-month and 12-month US dollar LIBOR settings are continuing under a panel bank methodology until the end of June 2023. All market participants need to take appropriate action now to remove remaining dependencies on LIBOR.