Interest Rate Benchmark Reforms

The webinar will provide insights into developments of reforming the European Interest Rate Benchmarks (i.e. the Euro Overnight Index Average ‘EONIA’, and the Euro Interbank Offer Rate ‘EURIBOR’). In response to interbank interest rate manipulations in the past, the new requirements for major interest rate benchmarks were introduced. Participants will be able to get updates on implementation of the new requirements and the progress made on the development of overnight risk-free rates and its potential to serve as a basis for an alternative to current benchmarks used in a variety of financial instruments and contracts in the euro area. Target audience: financial analysts, central bank employees, public officials, and all others interested in developments on the topic