ESTER and Equilibrium: Difference between pages

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imported>Doug Williamson
(Add link to ECB page.)
 
imported>Doug Williamson
(Link with Equilibrium unemployment page.)
 
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''Interest rates - reference rates''.
A state from which there is no pre-existing tendency to move.


ESTER is an acronym for Euro Short TErm Rate.
== See also ==
 
* [[Market mechanism]]
It is administered by the European Central Bank (ECB), with formal publication scheduled from October 2019.
* [[Equilibrium unemployment]]
 
 
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]]
*[[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]]

Revision as of 09:26, 22 June 2015

A state from which there is no pre-existing tendency to move.

See also