Design of the Riksbank’s new reference rate decided
The Riksbank is to begin publishing a transaction-based reference rate for the shortest maturity in SEK. The Executive Board has now decided on the design for the new reference rate, after completing a consultation process. In January 2021, the Riksbank will begin a test period when a preliminary reference rate will be published. The official reference rate will begin to be published after the test period has been completed.During 2020, the Riksbank has been working on a suitable definition for the new reference rate for the shortest maturity in Swedish kronor. The Executive Board has now