Eurepo® is the benchmark for secured money market transactions in the euro area. It is published by the European Banking Federation and represents the rate at which one prime bank offers funds in euro to another prime bank if in exchange the former receives from the latter Eurepo GC as collateral.
Eurepo® is calculated with the data collected from a representative panel of banks which provide daily quotes of the rate. The result is published at 11.00 a.m. CET for spot value (T+2).
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