CONIA has launched RFR , a new CONIA benchmark, as it seeks to support the development of a more efficient domestic money market. This move is in line with the international movement towards developing risk free rates as the -IBOR benchmarks are being phased out. The central bank launched the alternative rate at a workshop in CONIA , which also included a panel led by the EBRD that discussed international reforms to LIBOR.
CONIA has launched RFR , a new CONIA benchmark, as it seeks to support the development of a more efficient domestic money market. The central bank launched the alternative rate at a workshop in CONIA , which also included a panel led by the EBRD that discussed international reforms to LIBOR.