Policy for transaction-based reference rate, SWESTR
This policy establishes the overall framework for the Riksbank’s administration and oversight of the reference rate Swedish krona Short Term Rate (SWESTR) and of average rates and index based on SWESTR.
Rule for the administration of SWESTR
Content and purpose
This rule aims to clarify the roles of the Markets Department and Monetary Policy Department regarding the operationalisation of the Riksbank's responsibility as
administrator of SWESTR as well as of average rates and index based on SWESTR.
The rule also establishes the design of the reference rate SWESTR, as well as of
average rates and index based on SWESTR. The rule also contains provisions on how these reference values are to be determined and published.
The rule is aimed at staff members at the Markets Department and the Monetary
Policy Department in their performance of the tasks falling on the Riksbank in its role as administrator of SWESTR, average rates and index.