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A poll of more than 1,200 members of the CFA Institute shows the vast majority think Libor should be based on actual interbank transactions or a combination of actual transactions and estimates, as opposed to the current method of relying on estimates, according to a Reuters blog posting by Felix Salmon. Fifty-six percent of the CFA members, who are employed as portfolio managers, research analysts, consultants and risk managers, say Libor should be based on actual interbank transactions and 32% say it should reflect some combination of actual transactions and estimates.

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