The Polish Financial Supervision Commission reported that the Steering Committee of the National Working Group on Benchmark Reform adopted, on 12 May 2026, a recommendation on determining interest rates for new agreements and replacing the WIBOR benchmark in existing PLN-denominated discount product agreements, as a further step in implementing Poland’s benchmark interest rate reform following the group’s work and public consultation.
Polish Financial Supervision Commission (KNF) 2026-05-12
Polish Financial Supervision Commission benchmark reform group adopts recommendation on rates for new agreements and WIBOR replacement in existing PLN discount product agreements
The Polish Financial Supervision Commission reported that the Steering Committee of the National Working Group on Benchmark Reform has adopted a recommendation on determining interest rates for new agreements and replacing the Warsaw Interbank Offered Rate (WIBOR) in existing PLN-denominated discount product agreements. This measure represents a further step in implementing Poland’s benchmark interest rate reform following the group’s work and public consultation.