Swedish Financial Benchmark Facility (SFBF)
The Swedish Financial Benchmark Facility is an independent benchmark administrator, specifically established to administer the Stockholm Interbank Offered Rate, known as STIBOR. STIBOR is a widely used financial benchmark designed to reflect the average rate at which a number of banks, active in the Swedish money market, are willing to lend to one another without collateral at different maturities.
Our primary purpose is to provide a best practice governance environment for the STIBOR benchmark applying international guidelines and regulations, overseen by an independent Oversight Committee. In parallel the Board, and its committees, will consider how STIBOR should best evolve for the benefit of its users and the broader Swedish financial markets.
BMR Authorisation
STIBOR has been classified as a critical benchmark. On December 27, 2021, SFBF lodged an application with the Swedish FSA to operate as an authorized administrator under the European Benchmark Regulation (EU BMR).
This website will be updated with any information linked to the application and other relevant information useful to interested stakeholders.