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Working Group on Euro Risk-Free Rates launches two EURIBOR fallback consultations

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Published on: 23 November 2020

Published by LNB News

LNB News 23/11/2020

Document Information

Issue Date: 23 November 2020

Published Date: 23 November 2020

Jurisdiction(s): United Kingdom

Article summary

The European Central Banks (ECB) Working Group on Euro Risk-Free Rates has launched two public consultations on the topic of fallback rates to EURIBOR. One consultation seeks views on fallback rates based on the euro short-term rate (€STR) and spread adjustment methodologies in order to produce the most suitable EURIBOR fallback measures per asset class. The other seeks views on potential events that could trigger such fallback measures. Responses are sought by 15 January 2021.

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