The European Central Bank (ECB) will start publishing the €STR as of 2 October 2019, reflecting the trading activity of 1 October 2019.
Additionally, the ECB is ready to further support private sector efforts in the transition away from the euro overnight index average EONIA and will provide the computation of a one-off spread between the €STR and EONIA, which was requested by the Working Group on Euro Risk-Free Rates.
The spread will be calculated by the ECB according to the methodology publicly recommended by the Working Group on Euro Risk-Free Rates.
The resulting spread will be communicated on the day on which the change in the methodology of EONIA is announced. It will be based on the pre-€STR and EONIA data as publicly available.
Press release
© ECB - European Central Bank
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