On 2 February 2021, the European Money Markets Institute (EMMI) announced the outcome of its first annual review of the Hybrid Methodology for Euribor.
The Benchmarks Regulation requires benchmarks administrators to periodically review their benchmarks’ methodologies. The EMMI performed the first annual review of the Hybrid Methodology for Euribor. Based on the outcome of the review, four adjustments have been identified and will be implemented as from 19 April 2021. “This first annual review in no way means a new Hybrid Methodology as only four specific parameters will be fine-tuned. The enhanced Hybrid Methodology for Euribor will measure the same underlying interest, just in a better, more efficient way”, said Jean-Louis Schirmann, CEO of the EMMI.