WSJ: OBFR not going well as LIBOR replacement

Libor Alternatives Have Their Own Issues
Market overseers have been pushing the industry to come up with a credible replacement for U.S. dollar Libor in the wake of a rigging scandal
Efforts to replace the compromised Libor financial benchmark are running into their own problems, in part thanks to new rules governing money-market funds.
The full article is available here.

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