Re-paper

1. Interest rate benchmark reform.

Re-papering is creating replacement documentation for existing interest rate related contracts.

"Accounting considerations - eg loss of hedge effectiveness under IFRS9 if existing contracts lose their hedge designation by being 're-papered' with a resulting impact on P&L and ultimately share values."

ACT Briefing Note, Transition to risk free rate benchmarks

2.

Similar activity in other contexts.

See also

• Benchmark
• Hedge effectiveness
• IFRS 9
• P&L
• Paper
• Risk-free rates