Forum on reference rates
The Riksbank has established a forum with financial market participants to promote the use of fully transaction-based reference rates. The background to this is that the Riksbank considers that fully transaction-based reference rates are more reliable than assessment-based interbank rates, and that these new alternative reference rates therefore contribute to the promotion of financial stability.
A first forum was held on 8 September 2022 and the plan is to meet regularly around once a month or as needed. Invitations to new forums and minutes of meetings, including any presentations, will be published here on the Riksbank's website.
Purpose
The purpose of the forum is to create a broad dialogue and understanding of the conditions and solutions for increasing the use of fully transaction-based reference rates and to help ensure that the market is in a position to start the transition as soon as possible.
Work procedures
The Riksbank convenes and organises the meetings and the agenda. Participants are always welcome to suggest topical issues they would like to raise.
Transparency is a keyword for the Forum's work, as it will act as a common resource for all market stakeholders. Consequently, the assumption is that minutes of meetings and other potential information on discussions held at the forum should be published on the Riksbank’s website.
Participants
Potential users of reference rates and other relevant stakeholders who wish to participate in the forum may register their interest by sending an email to swestr@riksbank.se, stating the name of the institution and person who wishes to participate. New and occasional participants are also welcome and occasional guests can be invited if needed.
Documents from the Reference Rates Forum
Thanks for your feedback!
Your comment could not be sent, please try again later
Questions? Visit our FAQ on kundo.se (opens i new window).