Riksbank sees improvement in interbank rate framework
A detailed examination of 'Stibor' was launched in 2011 after shortcomings were revealed
A Riksbank ‘follow-up' study into the functioning of the Stockholm interbank offered rate (Stibor) framework following several prior changes, finds that the rate has been set at accurate levels under the new framework.
A detailed examination of Stibor was begun in the autumn of 2011 and revealed that there were a number of shortcomings in the framework, leading the Riksbank to recommend that banks improve it. The central bank also undertook to follow up the changes in Stibor and to review the
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