Moreover, it is expected that before the end of the year, Euribor, an important benchmark for indexed mortgage loans and other financial contracts, will complete its migration to a new calculation methodology which, where possible, will use data on the actual transactions of a sample of banks.
2  BIS Review 42/2003  Strengthening IMF surveillance and promoting international financial stability Enhancing economic performance, resilience to crises and financial stability through IMF surveillance A major initiative towards preventing crisis has been enhancing the effectiveness of surveillance, and incorporation of a fresh perspective to the Fund’s analysis and policy recommendations.