The Polish Financial Supervision Commission’s National Working Group on Benchmark Reform opened a consultation on a draft recommendation covering how to apply the replacement rate for the WIBOR reference index in floating-rate debt securities and how to service outstanding issuances whose interest calculations reference WIBOR, with feedback due by 3 April 2026.
Polish Financial Supervision Commission (KNF) 2026-03-20
Polish Financial Supervision Commission benchmark reform working group launches consultation on WIBOR replacement rate for floating-rate debt securities
The Polish Financial Supervision Commission's National Working Group on Benchmark Reform has initiated a consultation on a draft recommendation for applying the replacement rate for the WIBOR reference index in floating-rate debt securities. The consultation also addresses servicing outstanding issuances with interest calculations referencing WIBOR.