Poland to Replace WIBOR with POLSTR Rate from 2027 Under New Law
Poland's Ministry of Finance has prepared a bill banning the use of the WIBOR benchmark rate from 2027, replacing it with the new POLSTR rate. The law sets out rules for converting existing WIBOR-based contracts to the new benchmark after a transition period. The change will affect mortgage holders and other parties with contracts tied to the old rate.
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