RFP for Vendor to Publish and Administer EURAXI
July 18th, 2023 | In Request for Proposal
SOFR Academy has issued a Request for Proposal (RFP) for a Vendor to Publish and Administer European Across-the-Curve Credit Spread Indices (EURAXI) which work in conjunction with the Euro short-term rate (€STR) Since the 2007-2008 financial crisis, large banks have responded to market and regulatory pressures to increase stable funding by significantly changing their funding structures. Underlying the decline in many banks’ share of wholesale funding has…