Arbeidsgruppe alternative referanserenter i norske kroner – medlemsliste Working group on alternative reference rates in Norwegian kroner – Member list

Michael Hurum Cook of Finance Norway gave a presentation on Nowa and the work underway in the Nowa steering group, in particular the challenges arising owing to the fact

The working group also assessed an expanded Nowa rate as an alternative reference rate, which would be based on banks’ deposits from non-banks as well as banks.. In the opinion of

A participant from the Working Group on Alternative Reference Rates (ARR) commented that the working group is looking forward to the index and compounded averages, and that

Olav Gunnes (DNB Bank), Eske Smidt (Danske Bank) and Kristian Semmen (Sparebank 1 Markets) presented their views on the challenges of using risk-free overnight rates as a

To ensure sufficient liquidity for Nowa derivatives, the working group proposes that banks active in the interest rate derivatives (IRD) market agree to support the market by

Furthermore, the working group proposes setting the spread adjustment equal to the median difference between Nibor and term- adjusted Nowa over the past five years before Nibor

Anne-Lise Nguyen and Vladimir Tsonchev from the European Central Bank (ECB) were invited to present the work of the European working group on alternative reference rates and