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ECB publishes summary of feedback for consultation on compounded €STR rates

Published on: 07 October 2020
Published by LNB News

LNB News 07/10/2020

Document Information

Issue Date: 07 October 2020

Published Date: 07 October 2020

Jurisdiction(s): United Kingdom

Article summary

The European Central Bank (ECB) has published a summary of the feedback that it received from its public consultation on compounded €STR rates. The consultation received 44 responses, which, according to the ECB, were generally ‘supportive of the main parameters and elements of the envisaged methodology, and contained some suggestions, which the ECB will consider when finalising the methodology’.

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