Reference rates and prices
The Committee of the Securities Regulation Fund publishes, in principle every working day, reference prices (linear bonds) and reference rates (strips and treasury certificates). These are recorded around 3.30 p.m. and published each day around 4 p.m. As no transaction is concluded at these rates and prices, they only give an indication. In order to ensure their representativeness, there will be no publication on the day when the primary dealers are not required, by their conditions of contract, to quote such prices or rates.