As the COVID pandemic hit, it was very interesting to watch the way that the non-mortgage property funding market and funders reacted to the news. Naturally there were some pretty major issues for those in the property market including the developers and the funders...
The LIBOR rate used in finance is being replaced. The London Interbank Offered Rate was the benchmark used to price trillions of financial contracts worldwide. For those not familiar with the rate, it could be considered similar to base rate in that underlying...
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