European Union and Pre-ESTER: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
m (Changed number to 28 and added Croatia. Added court of auditors to judicial bodies.)
 
imported>Doug Williamson
(Update link.)
 
Line 1: Line 1:
(EU).  
''Interest rates - reference rates.''


An economic and political union of 28 European member states.
ESTER is an acronym for Euro Short TErm Rate, whose formal publication is scheduled from 2 October 2019.


The current members are: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia,  Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and the United Kingdom.


The three areas which form the union are:
In the meantime, the ECB is publishing preliminary figures, referred to as 'pre-ESTER' in the period up to 1 October 2019.


*The European Community
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.
*Common Foreign and Security Policy
*Police and Judicial co-operation in Criminal Matters


The legislature of the EU includes the European Parliament, the Council of the European Union and the European Commission. 


The EU's judicial bodies are the European Court of Justice which includes the General Court and the Court of Auditors.
Pre-ESTER is also written as Pre-€STR, using the € symbol.




== See also ==
==See also==  
* [[Direct effect]]
* [[Benchmark]]
* [[Directive]]
* [[Benchmarks Regulation]]
* [[European Commission]]
* [[EONIA]]
* [[European Community ]]
* [[€STER]]
* [[European Economic and Monetary Union]]
* [[European Central Bank]]
* [[European Economic Area]]
* [[O/N]]
* [[European Investment Bank]]
* [[Reference rate]]
* [[Regulation]]
* [[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 11:54, 18 August 2019

Interest rates - reference rates.

ESTER is an acronym for Euro Short TErm Rate, whose formal publication is scheduled from 2 October 2019.


In the meantime, the ECB is publishing preliminary figures, referred to as 'pre-ESTER' in the period up to 1 October 2019.

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 written as Pre-€STR, using the € symbol.


See also


Other links

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=European_Union&oldid=37898’