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Telbor and Fallback

On October 27, 2022, it was decided that the spread to be calculated for the SHIR interest rate as needed for the Fallback Rate (which serves to transition existing Telbor transactions to SHIR interest rate transactions), will be based on the methodology implemented by ISDA for other IBOR interest rates. In this methodology, the spread is the median, over a period of 5-years, of the gaps between the Telbor and SHIR-Compounded in Arrears.

 

This page was last updated on: 13/12/2023