On March 5, 2021, the FCA announced the final publication date of over 35 tenors of LIBOR. For USD LIBOR 1-week and 2-month tenors, December 31, 2021, is the final publication date. Publication of all remaining USD LIBOR tenors, including popular 1-month and 3-month tenors, will stop immediately after June 30, 2023. In addition, regulatory guidance provides that in all cases, banks may no longer use LIBOR in new contracts after 2021 and has encouraged banks to discontinue use of LIBOR as soon as practicable.