- GPW Benchmark presents information on the performance of the WIRON index after thorough verification of transaction data of potential contributors in the determination of interest rate benchmarks
- The Administrator resumes publication of historical data for the WIRON index, the fixed terms indices: WIRON 1M, WIRON 3M, WIRON 6M, and the fixed base index WIRON
- The published index values represent the pre-production history of the indices and integrate all elements of the method adopted by the Administrator
GPW Benchmark announces the publication of the Analytical Supplement to the Summary of Public Consultations on the Selection and Method of Interest Rate Indices.
In connection with the work of the National Working Group (NWG) and the selection of the WIRON index by the NWG Steering Committee as an alternative interest rate benchmark, analytical work has been carried out for the verification of historical transaction data provided by potential contributors in the determination of transaction-based interest rate benchmarks.
Based on the revised data, the historical values of the WIRON index have been recalculated. Details of the impact of the revision of historical data and the new elements of the method are described in the Analytical Supplement to the Summary of Public Consultations on the Selection and Method of Interest Rate Indices (“Summary”) available on the Administrator’s website under: GPW Benchmark – Papers & Analysis. The historical values of the fixed term indices WIRON 1M, WIRON 3M, WIRON 6M and the fixed base index WIRON have also been recalculated and their publication, suspended for the duration of the analytical work, has been resumed. The history of the indices is available at: GPW Benchmark – Historical Data.
The currently published WIRON index values integrate all elements of the index method described in the Consultation Paper Summary and the Analytical Supplement. The historical WIRON index values have been recalculated from 2 January 2019. They represent the pre-production history of the WIRON index.
GPW Benchmark plans to enable the WIRON index to be used as an interest rate benchmark from the beginning of December 2022.
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The Warsaw Stock Exchange Group (GPW Group) operates trading platforms for shares, Treasury and corporate bonds, derivatives, electricity and gas, and provides indices and benchmarks including WIBOR and WIBID. The index agent FTSE Russell classifies the Polish capital market as a Developed Market since 2018. The markets operated by the GPW Group are the biggest in Central and Eastern Europe. For more information, visit www.gpw.pl
