Branch Network
Frequently Asked Questions BACK

What is Fallback “Spread Adjustment”?

There are fundamental and technical differences between LIBORs and the new RFRs. To accommodate these differences, industry working groups recommend the usage of a fallback spread adjustment. The established market approach for the fallback spread adjustment is based on the 5-year historical median that calculates the difference between LIBOR and the alternative reference rate over five years’ worth of daily data points.

For the proper operation of our website www.alpha.gr, we are required to use cookies. Subject to your consent, we will use additional cookies to improve the browsing experience, of our website, to obtain performance and functionality analytics and provide advertising tailored to your needs. If you agree to the use of all additional cookies, select “ACCEPT”. If you do not wish the additional cookies to be installed, select “DECLINE” or be informed about our Cookie Policy as well as the different types of cookies, and declare or change your preferences (except for technically essential cookies, which cannot be deactivated), by clicking on “Cookie Settings”.