Bloomberg Index Services Limited and Cost saving centre: Difference between pages

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''Interest rates - reference rates - benchmarks''.
Treasury cost saving centres are a more risk-tolerant variant on a pure cost centre.  


(BISL).
A cost saving centre is a treasury which - like a cost centre treasury - acts primarily as a service function, but which is allowed a degree of discretion about when to hedge, with a view to reducing net costs.


Bloomberg Index Services Limited is part of the Bloomberg group, providing data and investment management services.


Bloomberg Index Services Limited was appointed by the International Swaps and Derivatives Association (ISDA) to publish the fallback rates and Credit adjustment spread (CAS) for use in derivatives on the cessation and pre-cessation of LIBOR.
==See also==
*[[Cost centre]]
*[[Hedging]]
*[[Profit centre]]


== See also ==
* [[Benchmark]]
* [[Bloomberg]]
* [[BSBY]] 
* [[Credit adjustment spread]]  (CAS)
* [[Derivative instrument]]
* [[Fallback]]
* [[International Swaps and Derivatives Association]]  (ISDA)
* [[Investment ]]
* [[LIBOR]]
* [[Pre-cessation]]
* [[Risk-free rates]] (RFR)
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]

Revision as of 21:29, 4 March 2015

Treasury cost saving centres are a more risk-tolerant variant on a pure cost centre.

A cost saving centre is a treasury which - like a cost centre treasury - acts primarily as a service function, but which is allowed a degree of discretion about when to hedge, with a view to reducing net costs.


See also