Public statement
PRIBOR as a Significant Benchmark
The Czech National Bank received a notification pursuant to Article 24(2) of Regulation (EU) 2016/1011 of the European Parliament and of the Council of 8 June 2016 on indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds (the “BMR”) from the administrator Czech Financial Benchmark Facility (CFBF), stating that the use of the Prague Interbank Offered Rate (PRIBOR) in the European Union exceeds the threshold laid down in Article 24(1)(a) of the BMR, i.e. EUR 50 billion.
With effect from 1 January 2026, the BMR was amended, in particular as regards its scope. The BMR applies primarily to critical benchmarks, significant benchmarks, EU Climate Transition Benchmarks and EU Paris-aligned Benchmarks, as well as certain commodity benchmarks.
Based on the notification, PRIBOR is therefore considered a significant benchmark within the meaning of the BMR and remains subject to the requirements of the BMR and to supervision by the Czech National Bank. CFBF holds an authorisation to act as a benchmark administrator under Article 34 of the BMR. The notification of PRIBOR as a significant benchmark therefore does not require the submission of a new application for authorisation.
The Czech National Bank will make the corresponding update to the register maintained by the European Securities and Markets Authority (ESMA) under Article 36 of the BMR:
| Benchmark – full name | Administrator – full name | Administrator – country | Relevant authority | Date of notification under Article 24(2) of the BMR | Applied EU/EEA status under the BMR |
|---|---|---|---|---|---|
| Prague Interbank Offered Rate (PRIBOR) | Czech Financial Benchmark Facility (CFBF) | Czechia | Czech National Bank | 18.06.2026 | CFBF already holds an authorisation under Article 34(1)(a) of the BMR |