Emmi seeks to ditch ‘expert judgement’ in Euribor overhaul

Q3 consultation would centralise Level 3 submissions with administrator in bid to expand panel


Euribor’s administrator will consult on a plan to centralise the calculation of so-called Level 3 submissions – effectively dispensing with “expert judgement” – in a bid to ease the burden on existing panel banks and woo additional contributors at a time when other panel-based rates are being wound down.

The methodology overhaul would see the European Money Markets Institute use a formula-based approach to calculate the unsecured funding cost of its panel banks at times when there is no

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net 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


Want to know what’s included in our free membership? Click 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