OECD announces update to CIRR methodology

In:

Agri/Soft Commodities, Chemicals/Petrochemicals, Infrastructure, Manufacturing & equipment, Metals and Mining, Oil & gas, Other, Power, Renewables, Telecoms and Communications, Transport, Waste and water

By Ralph Ivey

The OECD will introduce a new methodology for the calculation of its Commercial Interest Reference Rates (CIRRs) this month. The changes, which were first announced in January 2023, are designed to reduce inequalities between member ECAs and bring CIRRs in line with market rates. They will come into...

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