€STR: Difference between revisions
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€STR is also sometimes written as 'ESTER'. | €STR is also sometimes written as 'ESTER' or 'ESTR'. | ||
Revision as of 08:03, 14 June 2022
Interest rates - reference rates.
€STR is an acronym for Euro Short Term Rate.
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 or primary reference rate.
€STR is also sometimes written as 'ESTER' or 'ESTR'.
See also
- Benchmark
- EONIA
- EURIBOR
- Euro area
- Euro LIBOR
- European Central Bank
- Fallback
- O/N
- Pre-€STR
- Reference rate
- RFR
- Risk-free rates
- SONIA
