LIBOR FRB FAQ 5 – After December 31, 2021, would it be appropriate for Board-supervised institutions to engage in secondary trading of LIBOR-linked cash instruments issued prior to year-end 2021?

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Q:  After December 31, 2021, would it be appropriate for Board-supervised institutions to engage in secondary trading of LIBOR-linked cash instruments issued prior to year-end 2021?
 
A:   Yes, it would be appropriate to engage in secondary trading of LIBOR-linked instruments issued prior to December 31, 2021.

 
This Q&A was created based on information from the Federal Reserve’s website (which may be updated from time to time) that provides Answers to Frequently Asked Questions on the Transition Away from LIBOR.  This information may be found here:  https://www.federalreserve.gov/supervisionreg/srletters/SR2112a2.pdf
 

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