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GPW Takes Over As The WIBID And WIBOR Reference Rates Organiser

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The Warsaw Stock Exchange (GPW) and ACI Polska (The Polish Financial Markets Association) have signed an agreement, under which GPW takes over as the fixing organiser of the WIBID and WIBOR reference rates. GPW becomes both the reference rate fixing organiser and the calculation agent. The agreement will enter into force upon its approval by the WIBOR Board and after the acceptance of the amendment to the Rules for Fixing WIBID and WIBOR Reference Rates by banks (fixing participants).

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