LIBOR unreliable -introduction of Repurchase overnight index average, or Ronia?

[ASusilovic]

http://www.bloomberg.com/news/2011-...or-decades-losing-credibility-in-markets.html

http://uk.reuters.com/article/2011/06/06/uk-markets-britain-ronia-idUKTRE7551OC20110606

http://www.wmba.org.uk/documents/wmba-ronia-specification.pdf

 

[Martinghoul]

RONIA appears to be DOA, so far...