Recommendations on EURIBOR fallback rates and trigger events

Topic area:
Status: 17.05.2021 |
Archiviert
Key words:
Benchmarks
Initiative
Official name
Recommendations by the working group on euro risk-free rates on EURIBOR fallback trigger events and €STR-based EURIBOR fallback rates
Type
Recommendation
Level 3 / Other
Initiator
ECB
Submitted
Doc. code
Summary
Status
Status

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Current version
Final version
11.05.2021
Next step
Entry into force and application
Entry into force

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Application date

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Scope
Relevant for

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Associated initiatives
Level 1
–
Level 2
–
Level 3 / Other
€STR-based EURIBOR fallback rates (non-binding, EU)
EURIBOR fallback trigger events (non-binding, EU)
Guidance on EURIBOR Fallbacks for Corporate Lending products (non-binding, EU)

Source: ECB, Recommendations by the working group on euro risk-free rates on EURIBOR fallback trigger events and €STR-based EURIBOR fallback rates, 2021