Warsaw, 23 May 2022 r.

Consultation Paper  „Interest Rate Benchmarks Based on Transaction Data”
and the start of the public consultation concerning the choice of the optimal interest rate benchmark for the Polish money market

GPW BENCHMARK COMMUNIQUE ON THE CONSULTATION PAPER

• GPW Benchmark has published Consultation Paper on interest rate benchmarks based on transaction data
• The Administrator will hold a public consultation on the choice of the optimal interest rate benchmark and on its method
• The results of the consultation will be available on the GPW Benchmark website by mid-June 2022
• The WIRD, WIRF and WRR indices data in beta version will be published daily at 1 p.m. on the Administrator’s website

Consultation Paper „Transactions -Based Interest Rate Benchmarks” has been published on the GPW Benchmark’s website. The document presents the results of research and analysis on the interest rate indices based on transaction data being transferred daily by automatic transfer by nine credit institutions – members of the WIBID and WIBOR reference rates panel, that agreed to participate in the new project of provision of the alternative risk-free interest rate benchmarks.

The data of the indices (test version) described in the document are being published daily at 1 p.m. on the Administrator's website.

GPW Benchmark starts public consultation whose object is to identify the optimal alternative interest rate benchmark and on its method. To the consultation are invited all the financial and non-financial entities, public institutions, in particular the entities that use WIBID and WIBOR reference rates and all others entities active on the financial market.

The questionnaire has been be sent via e-mail. The consultation will last till Monday, 6th June 2022. The results of the consultation will be published by mid-June 2022.

To download the Consultation Paper, click here.