These factors, in turn, can be used to estimate term premiums at each point in time, although one should clearly acknowledge that the results can be sensitive to various statistical and modeling assumptions. According to several of the most popular models, a substantial portion of the decline in distant-horizon forward rates over recent quarters can be attributed to a drop in term premiums.
On 20 August, we gathered together 25 leaders from across the country, and with help with Women World Banking, will present the main recommendations to you today. The Bank has, through our participation in the Pacific Island Working Group, reviewed our regulatory environment for consumer protection, the findings of which we will share with you today.