€STR - Revision history

imported>Doug Williamson: Add link.

2022-10-15T19:52:01Z

Add link.

← Older revision		Revision as of 19:52, 15 October 2022
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	€STR is designed to reflect the wholesale euro unsecured overnight borrowing costs of euro area banks, and to complement existing benchmark rates produced by the private sector, serving as a backstop reference rate or primary reference rate.		€STR is designed to reflect the wholesale euro unsecured overnight borrowing costs of euro area banks, and to complement existing benchmark rates produced by the private sector, serving as a backstop - or fallback - reference rate or primary reference rate.


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	==See also==		==See also==
			*[[Backstop]]
	*[[Benchmark]]		*[[Benchmark]]
	*[[EONIA]]		*[[EONIA]]

2022-06-14T08:03:47Z

Add alternative spelling.

← Older revision		Revision as of 08:03, 14 June 2022
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	€STR is also sometimes written as 'ESTER'.		€STR is also sometimes written as 'ESTER' or 'ESTR'.

2022-04-26T12:36:52Z

Update.

← Older revision		Revision as of 12:36, 26 April 2022
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	€STR is designed to reflect the wholesale euro unsecured overnight borrowing costs of euro area banks, and to complement existing benchmark rates produced by the private sector, serving as a backstop reference rate.		€STR is designed to reflect the wholesale euro unsecured overnight borrowing costs of euro area banks, and to complement existing benchmark rates produced by the private sector, serving as a backstop reference rate or primary reference rate.

	~~The ECB recommends that market participants replace EONIA with the €STR for all products and contracts, making €STR their standard~~ reference rate.

2020-01-29T13:06:38Z

Update for full implementation.

← Older revision		Revision as of 13:06, 29 January 2020
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	€STR is an acronym for Euro Short Term Rate.		€STR is an acronym for Euro Short Term Rate.

	It is administered by the European Central Bank (ECB), with formal publication ~~scheduled~~ from October 2019.		It is administered by the European Central Bank (ECB), with formal publication from October 2019.


	€STR is designed to reflect the wholesale euro unsecured overnight borrowing costs of euro area banks, and to complement existing benchmark rates produced by the private sector, serving as a backstop reference rate.		€STR is designed to reflect the wholesale euro unsecured overnight borrowing costs of euro area banks, and to complement existing benchmark rates produced by the private sector, serving as a backstop reference rate.

	The ECB ~~has recommended~~ that market participants replace EONIA with the €STR for all products and contracts, making €STR their standard reference rate.		The ECB recommends that market participants replace EONIA with the €STR for all products and contracts, making €STR their standard reference rate.


	~~To assist transition, it is currently published as 'pre-€STR' in the period up to October 2019.~~		€STR is also sometimes written as 'ESTER'.


	€STR is also sometimes written as '~~ESTER', and similarly Pre-€STR is sometimes written as 'Pre-~~ESTER'.

2019-08-18T11:55:42Z

Mend link.

2019-08-18T11:52:06Z

Align with ESTER page.

2019-08-17T12:47:19Z

Remove surplus text.

← Older revision		Revision as of 12:47, 17 August 2019
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	€STR is designed to reflect the wholesale euro unsecured overnight borrowing costs of euro area banks, and to complement existing benchmark rates produced by the private sector, serving as a backstop reference rate.		€STR is designed to reflect the wholesale euro unsecured overnight borrowing costs of euro area banks, and to complement existing benchmark rates produced by the private sector, serving as a backstop reference rate.

	The ECB has recommended that market participants replace EONIA with the €STR for all products and contracts, making ~~the~~ €STR their standard reference rate.		The ECB has recommended that market participants replace EONIA with the €STR for all products and contracts, making €STR their standard reference rate.

2019-08-17T12:41:40Z

Update.

← Older revision		Revision as of 12:41, 17 August 2019
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	€STR is designed to reflect the wholesale euro unsecured overnight borrowing costs of euro area banks, and to complement existing benchmark rates produced by the private sector, serving as a backstop reference rate.		€STR is designed to reflect the wholesale euro unsecured overnight borrowing costs of euro area banks, and to complement existing benchmark rates produced by the private sector, serving as a backstop reference rate.

	~~It is~~ recommended that market participants ~~gradually~~ replace EONIA with the €STR for all products and contracts, making the €STR their standard reference rate.		The ECB has recommended that market participants replace EONIA with the €STR for all products and contracts, making the €STR their standard reference rate.


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	*[[Benchmark]]		*[[Benchmark]]
	*[[EONIA]]		*[[EONIA]]
			*[[EURIBOR]]
	*[[Euro area]]		*[[Euro area]]
	*[[European Central Bank]]		*[[European Central Bank]]

2019-07-25T15:29:31Z

Expand definition.

← Older revision		Revision as of 15:29, 25 July 2019
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	€STR is also sometimes written as ESTER.		€STR is also sometimes written as 'ESTER', and similarly Pre-€STR is sometimes written as 'Pre-ESTER'.


	==See also==		==See also==
	*[[Benchmark]]		*[[Benchmark]]
	* [[EONIA]]		*[[EONIA]]
	*[[Euro area]]		*[[Euro area]]
	*[[European Central Bank]]		*[[European Central Bank]]
	*[[O/N]]		*[[O/N]]
	* [[Pre-ESTER]]		*[[Pre-ESTER]]
	*[[Reference rate]]		*[[Reference rate]]
	*[[RFR]]		*[[RFR]]

2019-07-24T14:48:50Z

Add link.