Sveriges Riksbank proposed reforms to the Stockholm interbank offered rate (Stibor) in a new review released today (November 28). The Stibor Review, commissioned in 2011, found no signs of any manipulation of the benchmark rate but identified a number of deficiencies in the rate-setting process. The review also appraised the country's financial stability.
The responsibility of setting Stibor falls to a panel of five banks and the central bank is unhappy with the small membership of the panel. "Th
- A route to economic growth – The Belt and Road Initiative 2018 survey
- ECB will ‘accelerate efforts’ to tackle staff concerns after second survey
- After the Congress – Interpreting China’s new development concept
- Asian Infrastructure Investment Bank – Raising expectations
- Do not discount central bank digital currency yet – Lagarde