€STR average rates: Difference between revisions
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Latest revision as of 23:41, 9 October 2023
Interest rates - reference rates.
€STR is an acronym for Euro Short Term Rate, an overnight rate, administered by the European Central Bank (ECB).
The ECB began publishing €STR compounded average rates from April 2021.
The formula for calculating compounded €STR average rates uses the historical daily values of the
€STR and yields an average rate for the respective tenor over which the €STR values were recorded (for example, the past week or month).
The tenors for which compounded €STR average rates are published are one week, one month, three months, six months and twelve months.
See also
- Benchmark
- Compound
- EONIA
- EURIBOR
- European Central Bank (ECB)
- €STR
- Reference rate
- RFR
- Risk-free rates
- SONIA
- Tenor