The European Money Markets Institute

The European Money Markets Institute

Financial Services

Brussels, Brussels Region 2,499 followers

Facilitate the smooth functioning of euro money markets and foster their integration

About us

The European Money Markets Institute (EMMI), formerly known as Euribor-EBF, is an international non-for-profit association under Belgian law founded in 1999 with the launch of the Euro and based in Brussels (56, Avenue des Arts, 1000 Brussels). Its Members are national banking associations in the Member States of the European Union. EMMI provides the following two indexes: Euribor®, the money market reference rate for the euro; and EFTERM®, a forward looking €STR-based term benchmark, developed with the aim to serve as a fallback rate to Euribor®. As a critical benchmark, Euribor is of systemic importance for financial stability. The notional volume of outstanding financial contracts indexed to Euribor is estimated to be greater than €180 trillion. Euribor is used notably as an index for Over-The-Counter (OTC) contracts and exchange trade derivatives, corporate loans, retail mortgages, floating rate bonds and securitized products. In particular, approximately 28% of the retail mortgages in the Euro Area ($1.4 trillion) are indexed to Euribor. EMMI is continuously working to reinforce the transparency and enhance the governance framework to preserve the quality and integrity of its benchmarks. Moreover, EMMI strives to develop new suitable benchmarks adapted to the current regulatory context. In addition, to its activities of benchmarks’ administration, it also plays a key role in the management of the STEP label, an initiative aimed to foster the integration of the European markets for short-term paper through the convergence of market standards and practices.

Industry
Financial Services
Company size
11-50 employees
Headquarters
Brussels, Brussels Region
Type
Nonprofit
Founded
1999
Specialties
Financial Market

Locations

Employees at The European Money Markets Institute

Updates

  • The European Money Markets Institute reposted this

    🌟 Join Our Team at the European Money Markets Institute! 🌟 We are hiring a Senior Finance Officer to join our dynamic and collaborative team in Brussels. If you’re ready to make an impact in financial markets, foster economic stability, and grow your career in a multinational environment, we want to hear from you! What EMMI does: Develops benchmarks like EURIBOR, essential for financial markets. Champions transparency and harmonisation to support economic growth. Works for the public good, with integrity and excellence at the heart of what we do. The Role: As our Senior Finance Officer, you will: Design and oversee financial policies and processes. Prepare and monitor budgets and cash flows. Support financial audits and ensure compliance with legislative changes. Provide insights on financial implications of business decisions. What You Bring A degree in Finance, Accountancy, or Business Administration. 7 years of relevant experience in financial control and budget development. Excellent analytical, organisational, and interpersonal skills. Why Join Us Be part of a small, international team driving meaningful change. Enjoy flexible working hours and a competitive salary package. Collaborate on challenging and impactful assignments. Relevant Dates 📅 Application Deadline: January 5, 2025 📅 Interviews: February 4–14, 2025 Apply now through this link: https://lnkd.in/en6RPuc7 Let’s shape the future of Europe’s money markets together! 🌍 #FinanceJobs #BrusselsJobs #CareerOpportunities #JoinEMMI

  • 🌟 Join Our Team at the European Money Markets Institute! 🌟 We are hiring a Senior Finance Officer to join our dynamic and collaborative team in Brussels. If you’re ready to make an impact in financial markets, foster economic stability, and grow your career in a multinational environment, we want to hear from you! What EMMI does: Develops benchmarks like EURIBOR, essential for financial markets. Champions transparency and harmonisation to support economic growth. Works for the public good, with integrity and excellence at the heart of what we do. The Role: As our Senior Finance Officer, you will: Design and oversee financial policies and processes. Prepare and monitor budgets and cash flows. Support financial audits and ensure compliance with legislative changes. Provide insights on financial implications of business decisions. What You Bring A degree in Finance, Accountancy, or Business Administration. 7 years of relevant experience in financial control and budget development. Excellent analytical, organisational, and interpersonal skills. Why Join Us Be part of a small, international team driving meaningful change. Enjoy flexible working hours and a competitive salary package. Collaborate on challenging and impactful assignments. Relevant Dates 📅 Application Deadline: January 5, 2025 📅 Interviews: February 4–14, 2025 Apply now through this link: https://lnkd.in/en6RPuc7 Let’s shape the future of Europe’s money markets together! 🌍 #FinanceJobs #BrusselsJobs #CareerOpportunities #JoinEMMI

  • 🌟 News update! 🌟 EMMI’s last newsletter of 2024 is now live! 🎉 As we wrap up an incredible year, this issue reflects on the milestones we've achieved together, highlights groundbreaking insights, and offers a glimpse into what’s ahead for 2025. Thank you to our readers, contributors, and partners for making this year a memorable journey. Your support fuels our mission every step of the way. Wishing you all happy holidays and a prosperous 2025. 👉 Click here to read the newsletter: https://lnkd.in/e-eeBQba #EMMI #Newsletter #2024Recap #Innovation #Community

  • 📢 Big News for EMMI! We are pleased to confirm Finland’s OP Corporate Bank will join the Euribor® Panel on November 18. OP Corporate Bank, part of OP Financial Group—Finland’s largest financial services provider—adds valuable expertise and strengthens Euribor®’s Eurozone representation. Head to our website for more information: https://lnkd.in/d_kBBswE #Euribor #EuropeanFinance

    The European Money Markets Institute

    The European Money Markets Institute

    emmi-benchmarks.eu

  • 🎉 What an incredible evening! 🎉 We at EMMI would just like to say a heartfelt thank you to everyone who joined us in celebrating EMMI's 10th anniversary and Euribor's 25th anniversary last week. Your presence made this milestone truly special! It’s amazing to reflect on the journey we've shared, the relationships we've built, and the impact we've had in the industry over the years. Here’s to the dedicated teams, partners, and supporters who have been integral to our success. Let’s continue to innovate and grow together as we look forward to the future! 🚀 #EMMI #Euribor #AnniversaryCelebration #ThankYou #TogetherWeGrow

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  • 🎉 Happy birthday to us! 10 Years of EMMI & 25 Years of Euribor! 🎉 Today marks two significant anniversaries in the world of financial benchmarks: 🔹 10th Anniversary of the European Money Markets Institute (EMMI) – For a decade, EMMI has played a vital role in fostering transparency and stability within the European financial system. Through its stewardship of benchmarks like Euribor, EMMI continues to ensure they meet the highest standards of governance and reliability. 🔹 25th Anniversary of Euribor – A quarter-century ago, Euribor was introduced as the standard for interbank lending rates across Europe. Since then, it has become a cornerstone of financial markets, impacting everything from mortgage rates to corporate financing. These milestones represent the enduring strength and adaptability of both EMMI and Euribor. Here's to continued innovation and resilience for many more years to come! 🏦✨ https://lnkd.in/d_kBBswE #Euribor #EMMI #FinancialBenchmarks #Finance #EuropeanFinance #Innovation

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  • 📢 Milestone Moment: Completion of the Euribor Enhanced Methodology Phase-In! 📢 We’ve reached an important turning point as Euribor’s Enhanced Methodology phase-in period officially comes to an end. This marks the full implementation of the updated methodology to all contributors, which will ease the burden on the Panel Banks that provide input to the calculation of Euribor and make it more attractive for new banks to join the panel. At present, 19 credit institutions contribute to Euribor’s calculation, with Finland's OP Bank and the National Bank of Greece set to officially join in the coming weeks. Head to our website for more info: https://lnkd.in/d_kBBswE #Euribor #EuropeanFinance

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  • Our latest newsletter is out, and it features some groundbreaking updates: 1️. Addition of two panel banks: We're proud to welcome Finland’s OP Corporate Bank and the National Bank of Greece to the panel of credit institutions contributing to Euribor.   2️. Phase-in of Euribor's Hybrid Methodology: The changes aim to ease the burden on current panel banks and attract new ones, as we aspire to a larger and well-diversified Euribor® panel.   3️. Launch of the ESG Commercial Paper Transparency Monitor: this initiative aims to provide greater visibility into the environmental, social, and governance (ESG) characteristics of commercial paper issuers. 🔗 For more details on these developments, head to our website and read our summer newsletter in its entirety: https://lnkd.in/eWKF9JVF #FinancialInnovation #Euribor #ESG #Transparency #Benchmarking #Finance #EMMI

  • We are thrilled to announce that Finland's OP Corporate Bank and the National Bank of Greece are now part of the Euribor® Panel! 🏦✨ This significant addition underscores our commitment to maintaining the robustness, reliability, and transparency of the Euribor®. The inclusion of these esteemed banks brings invaluable diversity and expertise, further enhancing the accuracy and credibility of Euribor® as a benchmark rate. We warmly welcome OP Corporate Bank and the National Bank of Greece to the Euribor® family and look forward to the positive impact their participation will have on the financial markets. Stay tuned for more updates and join us in celebrating this important milestone! 🎉🔗 For more information, head to our website: https://lnkd.in/d_kBBswE #Euribor #Finance #Banking #EMMI #FinancialMarkets #Euro #OPCorporateBank #NationalBankOfGreece #Milestone #Benchmark #Diversity #Reliability #Transparency

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  • 🌱 Join the #ESG CP Transparency Movement! EMMI is pleased to announce its ESG Commercial Paper Transparency Monitor – a neutral platform designed to showcase the key ESG features of your CP programmes in a standardized and concise manner. 🌍 Connect with a broader investor base and showcase your #transparency in the short-term paper market with our free and user-friendly ESG Monitor platform. 🎉 Special #EarlyBird Offer! 🎉 Join the ESG Monitor now for free until the end of the year and enhance your visibility and commitment to ESG principles. https://lnkd.in/eAjbkpNi #Sustainability #CommercialPaper #Finance #Investors #EMMI

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