€STR

€STR, ECB

The euro short-term rate (€STR) is published on each TARGET2 business day based on transactions conducted and settled on the previous TARGET2 business day. The ECB published the €STR for…

ICMA says settlement of €STR-based repo poses challenges

September 27, 2019

€STR, ICMA, Repo

ICMA issues memorandum on repo market best practice with respect to the transition from EONIA to €STR The practicalities of the EONIA/€STR transition for non-cleared repo market have been discussed…

Private sector working group issues recommendations on the transition from EONIA to €STR for cash and derivatives products

August 20, 2019

Anna Reitman

€STR, alternatives to EONIA, ECB

• Transition from EONIA to €STR has impact on broad variety of financial products and processes • Market participants urged to actively prepare for change in publication time of EONIA…

ECB provides a one-off spread between €STR and EONIA

May 31, 2019

€STR, ECB, Eonia, ESTER

Spread between €STR and EONIA is calculated at 0.085% (8.5 basis points) Spread is based on methodology recommended by Working Group on euro risk-free rates Spread is to be used…

Working Group on Euro Risk-Free Rates Launches Consultation on EONIA to €STR Transition

May 18, 2019

€STR, Benchmarks, Eonia, ESMA