EURIBOR and Pink hydrogen: Difference between pages

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imported>Modonovan
(capitalise LIBOR to make link work)
 
imported>Doug Williamson
(Create page - source - National Grid - https://www.nationalgrid.com/stories/energy-explained/hydrogen-colour-spectrum)
 
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(Euro Interbank Offered Rate)
''Energy - sustainability - hydrogen''.


Sponsored by the European Banking Federation ([http://www.euribor-ebf.eu/ EBF]),  EURIBOR® is a formal benchmark or reference interest rate since 30 December 1998.
Pink hydrogen is hydrogen made using nuclear energy to power the electrolysis of water.


It estimates the all-in, simple interest rate (including credit premium and liqidity premium) at which euro denominated interbank term deposits for spot value (T+2) are offered within the euro-zone by one prime bank to another prime bank in the period before 10.45 CET each business morning.
Also known as ''purple hydrogen'', or ''red hydrogen.''
EURIBOR is calculated for periods ranging from one day to one year. It is quoted to three decimal places and on an actual/360 day-count.


==Contributing rate estimates==


The panel of banks contributing to Euribor is (September 2013) made up of 32 banks though it has been larger in the past.
== See also ==
 
* [[Biofuel]]
The banks submit their estimate, to two decimal places, of the rate "at which euro interbank term deposits are being offered within the Eurozone by one prime bank to another at 11.00 a.m. Brussels time ("the best price between the best banks")". This is similar to the question for [[LIBOR]] contributing banks prior to reform of LIBOR in 1998 to improve accountability of contributing banks for the submitted rate.
* [[Blue hydrogen]]
 
* [[Brown hydrogen]]
The EBF publish a [http://www.euribor-ebf.eu/assets/files/Euribor_code_conduct.pdf code of conduct] for contributing banks
* [[Carbon]]
* [[Decarbonise]]
* [[Electrolysis]]
* [[Green hydrogen]]
* [[Grey hydrogen]]
* [[Hydrogen]]
* [[Renewables]]
* [[Sustainability]]
* [[Turquoise hydrogen]]
* [[White hydrogen]]
* [[Yellow hydrogen]]


==Euribor calculation==


In calculating the Euribor from the submitted rates, the highest and lowest 15% of submitted rates are ignored and the central 70% remaining is averaged and published to 3 decimal places.
==External links==
*[https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1011283/UK-Hydrogen-Strategy_web.pdf UK Hydrogen Strategy 2021 - UK Government]
*[https://www.energy.gov/eere/fuelcells/hydrogen-fuel-basics#:~:text=Hydrogen%20is%20a%20clean%20fuel,power%20like%20solar%20and%20wind. Hydrogen fuel basics - US Office of Energy Efficiency & Renewable Energy]
*[https://www.nationalgrid.com/stories/energy-explained/hydrogen-colour-spectrum The hydrogen colour spectrum - National Grid]


Thomson Reuters is the screen service provider responsible for computing and also publishing Euribor.
[[Category:The_business_context]]
 
[[Category:Identify_and_assess_risks]]
The Euribor process is overseen by a [http://www.euribor-ebf.eu/euribor-org/steering-committee.html Steering Committee].
[[Category:Manage_risks]]
 
[[Category:Risk_frameworks]]
 
[[Category:Risk_reporting]]
== See also ==
* [[Benchmark]]
* [[EONIA]]
* [[InterBank Offered Rate]]
* [[LIBOR]]
* [[TIBOR]]

Latest revision as of 16:08, 17 May 2022