The Race to Replace LIBOR Comparing the indices that are vying to succeed USD LIBOR as the benchmark for commercial lending and other financial transactions. Despite the increased urgency to transition away from LIBOR, there remain a myriad of new and previously existing variable rate indices vying for market share, and few financial institutions have selected a sole replacement for LIBOR for new commercial loans and other financial transactions. In this guide, we’ll provide an overview and comparison of the rates vying to replace the “world’s most popular number.”
