Translation of "Indice obligataire de référence " (French → English) :

benchmark bond index

time reference base [ reference base ]

alternative rate of return | guiding rate of return

reference asset [ reference instrument ]

credit line

price source

OPMS II Base year performance index form

Benchmarks that would fall by analogy in the qualifying benchmark categories may be used provided that the legal framework, supervisory practice, or rules of the producer or administrator of the benchmark in that third country follow IOSCO principles for financial benchmarks or any subsequently agreed international standards for benchmarks;

(bb) commodity benchmarks as defined in Article 3(1)(20) which comply with the IOSCO Principles of 5 October 2012 for Oil Price Reporting Agencies or the IOSCO Principles of 17 July 2013 for Financial Benchmarks, until such time as ESMA, on the basis of the review of the IOSCO Principles for Oil Price Reporting Agencies, due to be published in May or June 2014, and of Annex III of this Regulation, has determined whether and how commodity benchmarks can be encompassed within the scope of this Regulation or whether they should be governed by their own rules.

1b. Where benchmarks have been provided by an administrator established in a third country, the conditions set out in Article 20(1)(a) to (e) shall apply only on expiry of a transitional period of 36 months following the entry into force of this Regulation, if those benchmarks comply at the time of entry into force of this Regulation with the IOSCO principles of 17 July 2013 for Financial Benchmarks.

A supervised entity may also use objective benchmarks of a registered administrator located in a third country if the administrator declares to its competent authority that the benchmarks conform to the IOSCO Principles for Financial Benchmarks, published on 17 July 2013.