Market and Pre-ESTER: Difference between pages

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imported>Doug Williamson
(Simplify wording.)
 
imported>Doug Williamson
(Amend second sentence.)
 
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Place or structure (physical or virtual) where buyers and sellers  (directly or through intermediaries) trade goods, services, information, contracts or financial instruments.
''Interest rates - reference rates.''


ESTER is an acronym for Euro Short TErm Rate, whose formal publication is scheduled from October 2019.




== See also ==
In the meantime, the ECB is publishing preliminary figures, referred to as the 'pre-ESTER' in the period up to October 2019.
* [[Capital market]]
* [[Cash market]]
* [[Ethics]]
* [[Financial markets]]
* [[Money market]]


[[Category:Long_term_funding]]
The pre-ESTER aims to reduce market uncertainty, allow market participants to assess the suitability of the new rate and familiarise themselves with its statistical properties, and provide an opportunity to adjust processes and procedures adequately to ensure a seamless transition to the new rate.
[[Category:Corporate_finance]]
 
 
Pre-ESTER is also sometimes written as Pre-€STR, using the € symbol.
 
 
==See also==
* [[Benchmark]]
* [[ESTER]]
* [[European Central Bank]]
* [[O/N]]
* [[Reference rate]]
* [[RFR]]
* [[Risk-free rates]]
* [[SONIA]]
 
 
==Other links==
* [https://www.ecb.europa.eu/paym/initiatives/interest_rate_benchmarks/shared/pdf/ecb.Pre-ESTER.en.pdf ECB Pre-ESTER]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:Financial_products_and_markets]]

Revision as of 11:48, 7 August 2019

Interest rates - reference rates.

ESTER is an acronym for Euro Short TErm Rate, whose formal publication is scheduled from October 2019.


In the meantime, the ECB is publishing preliminary figures, referred to as the 'pre-ESTER' in the period up to October 2019.

The pre-ESTER aims to reduce market uncertainty, allow market participants to assess the suitability of the new rate and familiarise themselves with its statistical properties, and provide an opportunity to adjust processes and procedures adequately to ensure a seamless transition to the new rate.


Pre-ESTER is also sometimes written as Pre-€STR, using the € symbol.


See also


Other links