ESTER and Market cap: Difference between pages

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''Interest rates - reference rates''.
Abbreviation for Market capitalisation.


ESTER is an acronym for Euro Short TErm Rate.
The total market value of a listed company's equity.  


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


== See also ==
* [[Large-cap]]
* [[Market capitalisation]]
* [[Mid-cap]]
* [[Small-cap]]


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.
To assist transition, it is currently published as 'pre-ESTER' in the period up to October 2019.
ESTER is also sometimes written as ''€STR'', using the € symbol.
==See also==
*[[Benchmark]]
*[[Euro area]]
*[[European Central Bank]]
*[[O/N]]
* [[Pre-ESTER]]
*[[Reference rate]]
*[[RFR]]
*[[Risk-free rates]]
*[[SONIA]]
==Other links==
[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:Financial_products_and_markets]]
[[Category:Financial_products_and_markets]]

Latest revision as of 07:14, 29 June 2022

Abbreviation for Market capitalisation.

The total market value of a listed company's equity.


See also