- Governance Framework
- Code of Conduct (GCC)
- Obligations Code (COPB)
- Methodology (BDM)
- Declaration of Adherence
- Former Code of Conduct
- Technical Features
- EMMI Consultation Policy
- Legacy transactions
- Joint Statement
Please enter a search term to begin your search.
- Mar. 2019: Consultation on the recommendations for EONIA of the EUR RFR Working Group
- Feb. 2019: Feedback Summary to Second Consultation on Hybrid Methodology for EURIBOR
- Jan. 2019: BMPS withdraws from EURIBOR Panel.
On 14 December 2000, the Governing Council of the European Central Bank (ECB) has decided that, from 2002 until further notice, the Trans-European Automated Real-time Gross settlement Express Transfer (TARGET) system will be closed, in addition to Saturdays and Sundays, on the following days:
- New Year's Day
- Good Friday (Catholic/Protestant)
- Easter Monday (Catholic/Protestant)
- 1 May (Labour Day)
- Christmas Day
- 26 December
For further information, please visit the Website of the ECB.
Recommendations for EONIA of the Working Group on euro risk-free rates (March 2019)
Following the recommendation of the Working Group of the ECB’s €STR as the alternative euro risk-free rate (RFR) on 13 September 2018, the Working Group continued exploring possible approaches to ensure a smooth transition from EONIA to the €STR. In December 2018, the Working Group published a report on the transition from EONIA to the €STR (the Report), in which a number of transition scenarios, proposals, and recommendations to promote and facilitate this transition were laid out.
Some of the recommendations presented in the Report were addressed to EMMI. Given the systemic importance of EONIA for the financial markets, also recognised by the European Commission in June 2017, when EONIA was classified as a critical benchmark under the EU BMR, EMMI would like to consult the public on the measures proposed and endorsed by the Working Group during its meeting on 14 March 2019.
Due to the dependencies between the recalibration of EONIA’s methodology and the ECB’s production plans for the €STR, which stem from the recommendations of the Working Group, the market and other users of EONIA will have to adapt to a change in the publication time of EONIA in a short timeframe. On 20 March 2019 EMMI published a consultation with the intention to raise awareness of the implications of the suggested changes, and ensure that users of EONIA start preparing for the potential upcoming changes as soon as possible.
- Press statement (20th March 2019)
- Consultation Paper on the recommendations for EONIA of the Working Group on euro risk-free rates
Enhancements to the EONIA benchmark (August 2016)
- Press statement: EMMI launches a Stakeholder Consultation on EONIA (8th August 2016)
- Consultative Paper on Enhancements to the EONIA benchmark
- Press statement: EMMI publishes feedback on EONIA Stakeholder Consultation (5th December 2016)
- Summary of Stakeholder feedback on Eonia Consultation