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Correction to SNB Article

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06/13/2019 | 05:10am EDT

The SNB introduced a "SNB policy rate" at minus 0.75% to replace its three-month Libor band, which had long been set at a range of minus 1.25% to minus 0.25%. "Switzerland Introduces Key Policy Rate of -0.75% to Replace 3-Month Libor Band," at 0809 GMT, misstated the Libor range in the second paragraph. The Libor range was minus 1.25% to minus 0.25%, not minus 0.125% to minus 0.25%.

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