To conclude, I emphasize that market participants should be ready to stop using LIBOR by the end of 2021.12 One-week and two-month USD LIBOR will end in only 12 weeks. The remaining USD LIBOR tenors will end in mid-2023, but the LIBOR quotes available from January 2022 until June 2023 will only be appropriate for legacy contracts.
Hu Xiaolian: Law on real rights of the People’s Republic of China Speech by Ms Hu Xiaolian, Deputy Governor of the People’s Bank of China, at the Symposium on Judicial Interpretation of Law on Real Rights, Beijing, 27 May 2010.