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Re:Libor, long the most important number in finance, dies at 52 by pjc50 on Thursday January 20, 2022 @02:57PM (#30013885)
That's a day old. And the market may not be very active. Besides, I don't think they are centrally cleared? (Or perhaps in the early days they weren't, it was certainly pre-digitization)

The market - interbank rates - is quite small in terms of participants. I think the problem is the number was incredibly useful even if it wasn't accurate.

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