While everyone has focused on the transition for (Non-USD) LIBOR by end of 2022, €STR liquidity has increased rapidly since Q3 2021. In addition, the EUR Working Group presented it’s “work program for 2022/2023” in 03/2022. Reason enough to readjust the focus within the IBOR-transition on the developments of the EUR reference rates.
This results in a number of important fields of action, especially for banks in EUR-land, which we will discuss in the next episode of our #CapTalk:
- Validation of the EURIBOR / €STR planning scenario: What are the implications for the liquidity of €STR and the future of EURIBOR?
- Planning for new EUR-Business: Will there be a need for €STR-linked products also for the client business in derivatives, bonds and loans?
- Switching EUR bank steering: What is the best timing to switch the bank steering from EURIBOR to €STR and which processes are affected?
- Preparing for EURIBOR-Transition: Do I need to take any actions for a potential future EURIBOR cessation? What are the adequate Fallbacks to implement?
- Impediments: What issues need to be solved in order to anchor €STR in the whole market?
Speakers: Christian Behm, Peter Woeste Christensen, Stefan Wingenbach,
27. April 2022; 17:00 - 18:00 hrs (CET), Language: English.
Speakers
Christian Behm, Partner
Peter Woeste Christensen
Stefan Wingenbach