Euribor® (Euro Interbank Offered Rate) is a daily reference rate published by the European Banking Federation and represents the rate at which euro interbank term deposits are offered by one prime bank to another prime bank, in the euro wholesale money market (or interbank market).
Euribor® 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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