(Redirected from Glossary:Euro interbank offered rate)
The EURIBOR®, a registered trademark of Euribor-EBF a.i.s.b.l., has been able to set itself up as a money market reference rate in the euro market which emerged after the euro’s introduction on 1 January 1999, due to
- the creation of a large integrated market with a single currency;
- an impressive panel of quoting banks of first-class credit standing;
- a code of conduct setting out strict rules for the panel banks;
- an independent steering committee of market experts, overseeing the application of the code and monitoring market developments.