Q: What indices are identified in the LIBOR Transition Rule as meeting Condition 2 of the Margin and Index Change Conditions for the LIBOR tenors?
A: Not at this time. In the LIBOR Transition Rule, the Bureau indicated it was not yet finalizing any examples of indices that meet the Historical Fluctuation Comparison Condition for the 1-year LIBOR tenor. The Bureau is reserving judgment on that proposed example until the ARRC finalizes its recommendation on a replacement index.
Once the ARRC publishes its recommendation, the Bureau will determine at that time whether to finalize the proposed example replacement index that meets this condition for 1-year LIBOR.