Euribor administrator woos banks to revamp dwindling panel

Efforts to double number of contributing firms said to face strong resistance

empty conference room
The number of Euribor submitters has fallen dramatically post-crisis

The body responsible for administering Euribor has launched an ambitious campaign to double the number of banks on its thinning panel of rate submitters – but the lack of enthusiasm from many banks might force it to rely on proposed European legislation that could require mandatory contributions for critical benchmarks instead.

The European Money Markets Institute (EMMI) is trying to boost the number of Euribor submitters to 40 banks from its current crop of 23 – down from a pre-crisis peak of a

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: