New EU Benchmark Rate Gets Oct. Start Date, Industry Nod

By Najiyya Budaly (March 14, 2019, 11:05 PM GMT) -- The European Central Bank said Thursday that it will begin publishing the European Union's new unsecured overnight borrowing rate beginning in October and that an industry group had called on Europe's banks to use the rate to replace other flawed and scandal-hit eurozone benchmarks....

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