Euro Short-Term Rate

 

€STR

The Euro Short-Term Rate (€STR) is the euro area’s interest rate benchmark for overnight borrowing rates. The European Central Bank (ECB) calculates and publishes it as a substitute for the Euro Overnight Index Average (EONIA) and the Euro Interbank Offered Rate (EURIBOR).

The euro area’s interest rate benchmark for overnight borrowing rates is the Euro Short-Term Rate (€STR).