ESTER - Revision history

imported>Doug Williamson: Add alternative spelling - source - ACT blog - https://www.treasurers.org/hub/blog/LIBOR-update-June-2022

2022-06-14T08:01:29Z

Add alternative spelling - source - ACT blog - https://www.treasurers.org/hub/blog/LIBOR-update-June-2022

← Older revision		Revision as of 08:01, 14 June 2022
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	ESTER is an acronym for Euro Short Term Rate.		ESTER is an acronym for Euro Short Term Rate.

	ESTER is also sometimes written as '€STR'.		ESTER is also sometimes written as '€STR' or 'ESTR'.

2022-04-26T12:37:26Z

Layout.

← Older revision		Revision as of 12:37, 26 April 2022
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	==Other ~~links~~==		==Other link==
	[https://www.ecb.europa.eu/paym/initiatives/interest_rate_benchmarks/euro_short-term_rate/html/index.en.html European Central Bank Euro short term rate]		[https://www.ecb.europa.eu/paym/initiatives/interest_rate_benchmarks/euro_short-term_rate/html/index.en.html European Central Bank Euro short term rate]

	[[Category:Accounting,_tax_and_regulation]]		[[Category:Accounting,_tax_and_regulation]]
	[[Category:Financial_products_and_markets]]		[[Category:Financial_products_and_markets]]

2022-04-26T12:33:29Z

Update.

← Older revision		Revision as of 12:33, 26 April 2022
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	ESTER is an interest rate calculated by the European Central Bank that reflects wholesale overnight borrowing costs for eurozone banks.		ESTER is an interest rate calculated by the European Central Bank that reflects wholesale overnight borrowing costs for eurozone banks.

	~~It has been designed as the eurozone replacement for EONIA.~~


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	==See also==		==See also==
	*[[Benchmark]]		*[[Benchmark]]
	*[[EONIA]]
	*[[EURIBOR]]		*[[EURIBOR]]
	*[[Euro area]]		*[[Euro area]]

2022-02-16T17:11:29Z

Typo correction - add 'an'.

← Older revision		Revision as of 17:11, 16 February 2022
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	''Interest rates - reference rates.''		''Interest rates - reference rates.''

	ESTER is interest rate calculated by the European Central Bank that reflects wholesale overnight borrowing costs for eurozone banks.		ESTER is an interest rate calculated by the European Central Bank that reflects wholesale overnight borrowing costs for eurozone banks.

	It has been designed as the eurozone replacement for EONIA.		It has been designed as the eurozone replacement for EONIA.

2022-02-16T08:22:14Z

Update - source - Association of Corporate Treasurers - email from Naresh Aggarwal 16 Feb 2022.

← Older revision		Revision as of 08:22, 16 February 2022
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	''Interest rates - reference rates.''		''Interest rates - reference rates.''

	ESTER is ~~an acronym~~ for ~~Euro Short Term Rate~~.		ESTER is interest rate calculated by the European Central Bank that reflects wholesale overnight borrowing costs for eurozone banks.

	It ~~is administered by~~ the ~~European Central Bank (ECB), with formal publication from October 2019~~.		It has been designed as the eurozone replacement for EONIA.


	ESTER 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.		ESTER is an acronym for Euro Short Term Rate.

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


	ESTER is also sometimes written as '€STR'.		ESTER is also sometimes written as '€STR'.
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	*[[Euro LIBOR]]		*[[Euro LIBOR]]
	*[[European Central Bank]]		*[[European Central Bank]]
			*[[Eurozone]]
	*[[Fallback]]		*[[Fallback]]
	*[[O/N]]		*[[O/N]]

2020-01-29T14:13:23Z

Update for implementation date.

← Older revision		Revision as of 14:13, 29 January 2020
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	''Interest rates - reference rates''.		''Interest rates - reference rates.''

	ESTER is an acronym for Euro Short ~~TErm~~ Rate.		ESTER 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.


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


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


	ESTER is also sometimes written as ''€STR'~~', using the € symbol~~.

2019-08-21T08:32:56Z

Standardise spelling.

← Older revision		Revision as of 08:32, 21 August 2019
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	ESTER 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.		ESTER 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 has recommended that market participants replace EONIA with the ESTER for all products and contracts, making ESTER their standard reference rate.

2019-08-18T12:03:56Z

Layout.

2019-08-18T11:55:16Z

Mend link.

2019-08-18T11:51:27Z

Expand definition.

← Older revision		Revision as of 11:51, 18 August 2019
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	ESTER 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.		ESTER 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.


	To assist transition, it is currently published as 'pre-ESTER' in the period up to October 2019.		To assist transition, it is currently published as 'pre-ESTER' in the period up to October 2019.
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	*[[Benchmark]]		*[[Benchmark]]
	*[[EONIA]]		*[[EONIA]]
			*[[EURIBOR]]
	*[[Euro area]]		*[[Euro area]]
			*[[Euro LIBOR]]
	*[[European Central Bank]]		*[[European Central Bank]]
	*[[Fallback]]		*[[Fallback]]
	*[[O/N]]		*[[O/N]]
	* [[Pre-~~ESTER~~]]		* [[Pre-€STER]]
	*[[Reference rate]]		*[[Reference rate]]
	*[[RFR]]		*[[RFR]]