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imported>Doug Williamson |
imported>Doug Williamson |
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| ''Interest rates - reference rates''.
| | Price to earnings ratio. |
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| ESTER is an acronym for Euro Short TErm Rate.
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| It is administered by the European Central Bank (ECB), with formal publication scheduled from October 2019.
| | == See also == |
| | | * [[Price to earnings ratio]] |
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| 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.
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| To assist transition, it is currently published as 'pre-ESTER' in the period up to October 2019.
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| ESTER is also sometimes written as ''€STR'', using the € symbol.
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| ==See also== | |
| *[[Benchmark]] | |
| *[[Euro area]]
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| *[[European Central Bank]]
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| *[[O/N]]
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| *[[Reference rate]]
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| *[[RFR]]
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| *[[Risk-free rates]]
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| *[[SONIA]]
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| [[Category:Accounting,_tax_and_regulation]]
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| [[Category:Financial_products_and_markets]]
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Revision as of 11:15, 22 June 2016
Price to earnings ratio.
See also