Euribor-EBF, Cossiom Negotiate On Fees

Map of Europe in CRN blue

International non-profit association Euribor-EBF (European Banking Federation) has reached a compromise with French market data user group Cossiom over plans to begin charging for its benchmark interest rates—the Euro Interbank Offered Rate (Euribor), which is calculated and distributed to subscribers and other data vendors by Thomson Reuters, as well as the Euro OverNight Index Average (Eonia), the benchmark rate of the large Euro repo market (Eurepo), and the Eonia Swap Index.

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