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Safe Bank

Published: 2023-11-02

The role of money market indices in the valuation of credit instruments in Poland in the light of the benchmark reform

Monika Liszewska Logo ORCID
Section: Problems and Opinions
https://doi.org/10.26354/bb.3.2.75.2019

Abstract

Although IBOR rates are widely used on the financial market, the Global Financial Crisis has resulted in discussion on the information value of them. As a consequence, financial market participants face the challenge of benchmark reform. In particular, this problem concerns the Polish credit market, which is dominated by floating rate loans. In the light of new regulation, this may led to a serious financial stability risk, related both to the methodology adopted as well as the schedule of implementation. Therefore it seems important to review the work carried out in this field on the domestic financial market, together with the analysis of the opportunities and threats resulting from the adopted solutions.

JEL Codes

G01, G14, G21

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Citation rules

Liszewska, M. (2023). The role of money market indices in the valuation of credit instruments in Poland in the light of the benchmark reform. Safe Bank, 75(2), 51–73. https://doi.org/10.26354/bb.3.2.75.2019

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Vol. 75 No. 2 (2019)
Published: 2019-06-28


ISSN: 1429-2939
eISSN: 2544-7068
Ikona DOI 10.26354

Publisher
Bankowy Fundusz Gwarancyjny

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