The Polish Financial Supervision Commission published a recommendation adopted by the Steering Committee of the National Working Group on benchmark reform on applying a replacement rate for the WIBOR reference rate in debt securities, with particular focus on previously issued instruments in the legacy portfolio.
Polish Financial Supervision Commission publishes benchmark reform recommendation on applying a WIBOR replacement rate to legacy debt securities
The Polish Financial Supervision Commission published a recommendation from the Steering Committee of the National Working Group on benchmark reform regarding application of a replacement rate for the WIBOR reference rate in debt securities. The recommendation focuses in particular on previously issued instruments in the legacy portfolio.