Euribor fills panel gaps with Finland and Greece
OP Corporate Bank and NBG take contributors to 21 as administrator switches off “expert judgement”
Two banks are set to join the panel of Euribor contributors, taking the number of firms underpinning the eurozone’s key benchmark rate to 21 and filling regional gaps within the contributing group.
Finland’s OP Corporate Bank and the National Bank of Greece (NBG) will join the panel as Euribor’s administrator, the European Money Markets Institute, switches the rate to a revised methodology, which removes reliance on so-called “expert judgement”.
Jean-Louis Schirmann, chief executive of Emmi, says
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