Benchmark - Revision history

Doug: Improve linking.

2025-03-29T21:12:42Z

Improve linking.

← Older revision		Revision as of 21:12, 29 March 2025
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	* [[Baseline]]		* [[Baseline]]
	* [[Base rate]]		* [[Base rate]]
			* [[Benchmark bond]]
	* [[Benchmarking]]		* [[Benchmarking]]
	* [[Benchmarks Regulation]]		* [[Benchmarks Regulation]]

Doug: Layout.

2024-12-25T21:16:11Z

Layout.

← Older revision		Revision as of 21:16, 25 December 2024
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	* [[Stakeholder]]		* [[Stakeholder]]
	* [[Sterling]]		* [[Sterling]]
	* [[True up]]		* [[True-up]]
	* [[UK Benchmarks Regulation]]		* [[UK Benchmarks Regulation]]
	* [[Volume-weighted average price]] (VWAP)		* [[Volume-weighted average price]] (VWAP)

Doug at 20:19, 25 December 2024

2024-12-25T20:19:19Z

← Older revision		Revision as of 20:19, 25 December 2024
Line 115:		Line 115:
	* [[Stakeholder]]		* [[Stakeholder]]
	* [[Sterling]]		* [[Sterling]]
	* [[True-up]]		* [[True up]]
	* [[UK Benchmarks Regulation]]		* [[UK Benchmarks Regulation]]
	* [[Volume-weighted average price]] (VWAP)		* [[Volume-weighted average price]] (VWAP)

Doug: Layout.

2024-12-25T20:15:44Z

Layout.

← Older revision		Revision as of 20:15, 25 December 2024
Line 115:		Line 115:
	* [[Stakeholder]]		* [[Stakeholder]]
	* [[Sterling]]		* [[Sterling]]
	* [[True up]]		* [[True-up]]
	* [[UK Benchmarks Regulation]]		* [[UK Benchmarks Regulation]]
	* [[Volume-weighted average price]] (VWAP)		* [[Volume-weighted average price]] (VWAP)

Doug: Layout.

2024-12-25T19:44:29Z

Layout.

← Older revision		Revision as of 19:44, 25 December 2024
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	:<span style="color:#4B0082">'''''Pricing options - share buybacks = benchmarks'''''</span>		:<span style="color:#4B0082">'''''Pricing options - share buybacks - benchmarks'''''</span>

	:"... most UK buybacks incorporate some sort of incentive for the brokers to buy as many shares as possible within the set budget.		:"... most UK buybacks incorporate some sort of incentive for the brokers to buy as many shares as possible within the set budget.
Line 75:		Line 75:

	:''Share buybacks: what treasurers need to know - Lucy Reeve, corporate partner, Linklaters LLP - The Treasurer - Issue 4 of 2024, p38.''		:''Share buybacks: what treasurers need to know - Lucy Reeve, corporate partner, Linklaters LLP - The Treasurer - Issue 4 of 2024, p38.''

Doug: Add treasury relevant definition. Source - linked pages.

2024-12-25T19:43:32Z

Add treasury relevant definition. Source - linked pages.

@@ Line 50: / Line 50: @@
 For example, the price per barrel of Brent crude oil, or West Texas Intermediate.
@@ Line 90: / Line 116: @@
 * [[Stakeholder]]
 * [[Sterling]]
 * [[UK Benchmarks Regulation]]
 * [[West Texas Intermediate]]  (WTI)
@@ Line 107: / Line 135: @@
 *[https://www.rba.gov.au/mkt-operations/resources/interest-rate-benchmark-reform.html Interest rate benchmark reform in Australia - Reserve Bank of Australia (RBA)]
 [[Category:Compliance_and_audit]]
 [[Category:Financial_products_and_markets]]
 [[Category:The_business_context]]

Doug: Add resource.

2024-11-13T08:08:54Z

Add resource.

← Older revision		Revision as of 08:08, 13 November 2024
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	4. ''Indices - market prices - interest rates - regulation - Benchmarks Regulation''.		4. ''Indices - market prices - interest rates - IOSCO - regulation - Benchmarks Regulation''.

	An officially published, leading and regulated rate of interest, from which a rate of interest payable or receivable is calculated.		An officially published, leading and regulated rate of interest or related measure, from which a rate of interest payable or receivable, or a related amount, is calculated.

	For example, SONIA.		For example, SONIA.
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	* [[Interest rate]]		* [[Interest rate]]
	* [[Interest rate index]]		* [[Interest rate index]]
			* [[International Organization of Securities Commissions]] (IOSCO)
	* [[Investment fund]]		* [[Investment fund]]
	* [[Portfolio]]		* [[Portfolio]]
	* [[Price fixing]]		* [[Price fixing]]
			* [[Principles for Financial Benchmarks]] (IOSCO)
	* [[Rate fixing]]		* [[Rate fixing]]
	* [[Reference rate]]		* [[Reference rate]]
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	==Other ~~links~~==		==Other resources==

			*[https://www.iosco.org/library/pubdocs/pdf/ioscopd415.pdf Principles for Financial Benchmarks - IOSCO]

	*[https://www.bankofengland.co.uk/markets/transition-to-sterling-risk-free-rates-from-libor/working-group-on-sterling-risk-free-reference-rates Working Group of Sterling Risk-Free Reference Rates - latest announcements & publications]		*[https://www.bankofengland.co.uk/markets/transition-to-sterling-risk-free-rates-from-libor/working-group-on-sterling-risk-free-reference-rates Working Group of Sterling Risk-Free Reference Rates - latest announcements & publications]
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	*[https://www.rba.gov.au/mkt-operations/resources/interest-rate-benchmark-reform.html Interest rate benchmark reform in Australia - Reserve Bank of Australia (RBA)]		*[https://www.rba.gov.au/mkt-operations/resources/interest-rate-benchmark-reform.html Interest rate benchmark reform in Australia - Reserve Bank of Australia (RBA)]

			[[Category:Compliance_and_audit]]
			[[Category:Financial_products_and_markets]]
			[[Category:The_business_context]]

	[[Category:Compliance_and_audit]]		[[Category:Compliance_and_audit]]
	[[Category:Financial_products_and_markets]]		[[Category:Financial_products_and_markets]]
	[[Category:The_business_context]]		[[Category:The_business_context]]

Doug: Remove surplus link.

2024-10-05T04:04:33Z

Remove surplus link.

← Older revision		Revision as of 04:04, 5 October 2024
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	* [[Interest rate index]]		* [[Interest rate index]]
	* [[Investment fund]]		* [[Investment fund]]
	* [[LIBOR]]
	* [[Portfolio]]		* [[Portfolio]]
	* [[Price fixing]]		* [[Price fixing]]

Doug: Expand definition.

2024-02-14T12:06:49Z

Expand definition.

← Older revision		Revision as of 12:06, 14 February 2024
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	4. ''Indices - market prices - interest rates - regulation - Benchmarks Regulation''.		4. ''Indices - market prices - interest rates - regulation - Benchmarks Regulation''.

	An officially published and regulated rate of interest, from which a rate of interest payable or receivable is calculated.		An officially published, leading and regulated rate of interest, from which a rate of interest payable or receivable is calculated.

	For example, SONIA.		For example, SONIA.

Doug: Expand definition.

2024-02-08T03:27:17Z

Expand definition.

← Older revision		Revision as of 03:27, 8 February 2024
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	4. ''~~Interest~~ rates''.		4. ''Indices - market prices - interest rates - regulation - Benchmarks Regulation''.

	An officially published rate of interest, from which a rate of interest payable or receivable is calculated.		An officially published and regulated rate of interest, from which a rate of interest payable or receivable is calculated.

	For example, SONIA.		For example, SONIA.
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	5. ''Interest rates''.		:<span style="color:#4B0082">'''''Benchmarks and indices defined - UK Financial Conduct Authority (FCA)'''''</span>

			:"The UK Benchmarks Regulation (BMR) defines an index as a figure that is publicly available and is regularly determined, either by applying a formula or other calculation, or by making an assessment based on the value of one or more underlying assets/prices (including estimated prices, actual or estimated interest rates, quotes and committed quotes, or other values or surveys).

			:An index becomes a benchmark within the scope of the BMR where:

			:*it is used to determine the amount payable under a financial instrument or financial contract, or the value of a financial instrument
			:*it is used to measure the performance of an investment fund for the purpose of:
			::*tracking the return
			::*defining the asset allocation or a portfolio, or
			::*computing the performance fees"

			:''UK Financial Conduct Authority (FCA).''


			5. ''Interest rates - indices''.

	More broadly, any rate of interest, from which another rate of interest payable or receivable is calculated.		More broadly, any rate of interest, from which another rate of interest payable or receivable is calculated.
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	A market price for a widely traded quality and quantity of a commodity, used as a reference price in a contract.		A market price for a widely traded quality and quantity of a commodity, used as a reference price in a contract.

	For example, the price per barrel of Brent crude oil.		For example, the price per barrel of Brent crude oil, or West Texas Intermediate.


	== See also ==		== See also ==
	* [[Alternate Base Rate]]		* [[Alternate Base Rate]]
	* [[Alternative reference rate]]		* [[Alternative reference rate]] (ARR)
	* [[Baseline]]		* [[Baseline]]
	* [[Base rate]]		* [[Base rate]]
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	* [[Commodity]]		* [[Commodity]]
	* [[Credit Benchmark]]		* [[Credit Benchmark]]
	* [[Effective annual rate]]		* [[Effective annual rate]] (EAR)
	* [[€STR]]		* [[€STR]]
	* [[EURIBOR]]		* [[EURIBOR]]
	* [[European Money Markets Institute]]		* [[European Money Markets Institute]] (EMMI)
	* [[Fallback]]		* [[Fallback]]
	* [[Financial Stability Board]]		* [[Financial Conduct Authority]] (FCA)
			* [[Financial instrument]]
			* [[Financial Stability Board]] (FSB)
	* [[Fixing]]		* [[Fixing]]
	* [[Good practice]]		* [[Good practice]]
			* [[Index]]
	* [[Interest rate]]		* [[Interest rate]]
	* [[Interest rate index]]		* [[Interest rate index]]
			* [[Investment fund]]
	* [[LIBOR]]		* [[LIBOR]]
			* [[Portfolio]]
	* [[Price fixing]]		* [[Price fixing]]
	* [[Rate fixing]]		* [[Rate fixing]]
	* [[Reference rate]]		* [[Reference rate]]
	* [[Refinitiv Benchmark Services (UK) Limited]] (RBSL)		* [[Refinitiv Benchmark Services (UK) Limited]] (RBSL)
	* [[Risk-free rates]]		* [[Regulation]]
			* [[Return]]
			* [[Risk-free rates]] (RFR)
	* [[SONIA]]		* [[SONIA]]
	* [[Spread to Treasury / Governments]]		* [[Spread to Treasury / Governments]]
	* [[Stakeholder]]		* [[Stakeholder]]
	* [[Sterling]]		* [[Sterling]]
			* [[UK Benchmarks Regulation]]
			* [[West Texas Intermediate]] (WTI)