Split emerges over data requirements for term €STR

Refinitiv warns against relying on Level 2 inputs, as Emmi targets October launch

Term ESTR

Benchmark provider Refinitiv is warning there may be insufficient pricing data to introduce a forward-looking version of the euro short-term rate (€STR) in the coming months – a view that puts it at odds with the European Money Market Institute (Emmi), which is pressing ahead with plans to launch its term €STR rate in October.

“There have been hopes of sufficient data for a while, but as of now that’s not the case,” says Jacob Rank-Broadley, head of Libor transition at Refinitiv.

Emmi and

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

Sign up here

 

This address will be used to create your account

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 individual account here: