57. For the purposes of Article 21(3) of Regulation (EU) 2017/2402, interest rates that should be …

For the purposes of Article 21(3) of Regulation (EU) 2017/2402, interest rates that should be considered to be an adequate reference basis for referenced interest payments should include all of the following:

• (a) interbank rates including the Libor, Euribor and other recognised benchmarks;
• (b) rates set by monetary policy authorities, including FED funds rates and central banks’ discount rates;
• (c) sectoral rates reflective of a lender’s cost of funds, including standard variable rates and internal interest rates that directly reflect the market costs of funding of a bank or a subset of institutions, to the extent that sufficient data are provided to investors to allow them to assess the relation of the sectoral rates to other market rates.

Complex formulae or derivatives

1. Forbhreathnú

1.1 Tagairtí

• Airteagal 21 3.

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

3. Caighdeáin ghaolmhara

• EBA - Published by the European Banking Authority at https://www.eba.europa.eu/