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Markets » Libor

Racking up Debt for ML-1
Libor

Racking up Debt for ML-1

Main Line 1 (ML-1) is the most important railway line operated by Pakistan Railways, stretching from Karachi to...
Published 17 Nov, 2020 01:55pm
Govt-IPPs agreement
Libor

Govt-IPPs agreement

ARTICLE: IPP issue has been dangling for a long time now. Negotiations were going on for the last few months after...
Published 20 Aug, 2020 02:57am
BoE's Bailey says now is the time to plan for post-Libor era
Libor

BoE's Bailey says now is the time to plan for post-Libor era

  • Bailey acknowledged there had been calls to step back from the Libor transition as a priority because of the shock to global financials markets caused by the coronavirus crisis.
  • But in my view, what we saw in financial markets in March in response to the shock of Covid only reinforces the importance of removing the financial system's dependence on Libor in a timely way.
Published 13 Jul, 2020 09:05pm
Bank of England tells banks to push on with climate risk analysis
Libor

Bank of England tells banks to push on with climate risk analysis

  • The guide drawn up by the Climate Financial Risk Forum (CFRF), which was set up by the BoE and Britain's Financial Conduct Authority last year.
  • "It's much easier said than done. It takes time to develop," Breeden told an online launch event for the guide.
Published 29 Jun, 2020 07:02pm
LIBOR posts biggest fall in over 2-1/2 weeks
Libor

LIBOR posts biggest fall in over 2-1/2 weeks

A key gauge of interbank bank borrowing costs recorded its biggest one-day decline in more than 2-1/2 weeks, hinting less stress in US money markets as the Federal Reserve has injected over $200 billion in temporary cash in the US banking system. The Lond
Published 21 Sep, 2019 12:00am
Dollar LIBOR posts steepest one-day drop in a decade
Libor

Dollar LIBOR posts steepest one-day drop in a decade

The interest rate that banks charge each other to borrow dollars for three months posted its biggest daily fall in 10 years on Friday as traders betted that the Federal Reserve may boost the number of US rate cuts to counter the potential economic impact
Published 04 Aug, 2019 12:00am
Licence renewal fee: PTA rejects mobile operators' apprehensions
Libor

Licence renewal fee: PTA rejects mobile operators' apprehensions

Pakistan Telecommunication Authority (PTA) has rejected mobile operators' apprehensions relating to the price of licence renewal and passed an order while fixing the fee for license renewal at $39.5 million per MHz for frequency spectrum of 900 MHz and $2
Published 25 Jul, 2019 12:00am
KP to bring throw-forward of uplift schemes
Libor

KP to bring throw-forward of uplift schemes

The provincial government of Khyber Pakhtunkhwa has decided to bring the throw-forward of development schemes during the current financial year 2019-20 to 4 years. The development situation inherited by the new government had a throw-forward of more than
Published 08 Jul, 2019 12:00am
Rs 52.73 billion budgeted from 3G licences for FY-20
Libor

Rs 52.73 billion budgeted from 3G licences for FY-20

The government has budgeted Rs 52.73 billion from 3G licences under the head of non-tax revenue for the next fiscal year 2019-20 against Rs 6.854 billion budgeted for the current fiscal year which was later revised to Rs 66.620 billion.
Published 14 Jun, 2019 12:00am
Rs 52.73 billion budgeted from 3G licences for FY-20
Libor

Rs 52.73 billion budgeted from 3G licences for FY-20

The government has budgeted Rs 52.73 billion from 3G licences under the head of non-tax revenue for the next fiscal year 2019-20 against Rs 6.854 billion budgeted for the current fiscal year which was later revised to Rs 66.620 billion.
Published 14 Jun, 2019 12:00am
Swiss ditch Libor as rate reference
Libor

Swiss ditch Libor as rate reference

  • Switzerland's central bank said Thursday it was dropping Libor as a reference in setting interest rates in another blow to the scandal-plagued benchmark.
Published 14 Jun, 2019 12:00am