Secured Overnight Financing Rate (SOFR)Fed Policy RatesMortgage RatesUS LIBOR Cessation Countdown

LIBOR Cessation Countdown Clocks

US 1-week and 2-month LIBOR were last published on December 31, 2021.

US 1-month, 3-month, 6-month, 12-month LIBOR will be last published on June 30, 2023:


What will happen after LIBOR publication ceases?

There are a number of efforts being undertaken by the Federal Reserve and the Alternative Reference Rates Committee in the United States to facilitate the transition away from US LIBOR-based products to products that reference the Secured Overnight Financing Rate (SOFR) ahead of the cessation dates. Fallback methodologies are being developed and negotiated so that products that reference US LIBOR beyond the cessation dates have a well-defined and fair methodology for calculating LIBOR-equivalent rates based on SOFR. Please see the 'Other resources' section of this page and our homepage for more details.


Other resources

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