How does QUODD support LIBOR Today?

Libor was officially decommission in September of 2024. QUODD still supports daily LIBOR rates under the Rates API. These are synthetic rates derived through the following methodology:

Priced by decomposing the RFR OIS curve into consecutive non-overlapping FRAs, the Libor fallback spread is added to each FRA rate, the resultant synthetic Libor FRA curve is transformed into a discount function which is then used to price Libor swaps.