Corporates remain on swaps fallback sidelines

Risk.net analysis finds just 14 out of 100 large non-financial firms have signed up to Isda fallback protocol

Refusal-to-sign

Non-financial corporates have been slow to sign up to a Libor fallback protocol devised by the International Swaps and Derivatives Association, with just 14 out of 100 of the largest listed companies adopting the standard language to future-proof swaps contracts, according to research by Risk.net

The analysis was conducted across the top 25 non-financial constituents by market capitalisation in four major stock market indexes. The data show six of the largest 25 corporates in both the S&P 500

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: