The European Central Bank published its quarterly transparency update on errors affecting the euro short-term rate (€STR), reporting that there were no errors to disclose for Q4 2024 above the reporting threshold. The ECB’s table covering Q4 2024 shows no incidents where the absolute impact on €STR exceeded 0.1 basis points (more than 0.001 percentage points), across all impact buckets up to and above 0.020 percentage points. The report notes a data cut-off date of 15 January 2025 and refers readers to the ECB’s €STR transparency methodology.
European Central Bank 2025-02-04
European Central Bank reports no material €STR errors above 0.1 basis points in Q4 2024
The European Central Bank's quarterly transparency update reported no errors affecting the euro short-term rate (€STR) for Q4 2024 above the reporting threshold. The update confirmed no incidents where the absolute impact on €STR exceeded 0.1 basis points.