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Transparency

Transparency Indicators 

The publication of the Efterm® Transparency Indicators Reports meets a requirement of the Benchmarks Regulation of the European Union and is also a recommendation under the IOSCO Principles.

The European Money Markets Institute has decided to publish the following aggregated indicators on a monthly basis to provide transparency in the determination of Efterm®:

  • Use of each level of the waterfall methodology for Efterm®, broken down by tenor

The Efterm® Transparency Indicators Reports are published every first business day of the month, with one month delay.

Click here to access the monthly Transparency Indicators Reports.

Documents

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EFTERM® Reported Revisions Report Q3 2025

Transparency Efterm | September 2026

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EFTERM® Reported Revisions Report Q1 2026

Transparency Efterm | September 2026

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EFTERM® Reported Revisions Report Q2 2026

Transparency Efterm | September 2026

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EFTERM® Reported Revisions Report Q3 2025

Transparency Efterm | September 2026

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Efterm® Reported Revisions Report Q1 2026

Transparency Efterm | September 2026

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Efterm® Reported Revisions Report Q2 2026

Transparency Efterm | September 2026

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EFTERM® Reported Revisions Report Q4 2025

Transparency Efterm | September 2026

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Efterm® Reported Revisions Report Q4 2025

Transparency Efterm | September 2026

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Efterm® Reported Revisions Report Q2 2025

Transparency Efterm | August 2025

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Efterm® Reported Revisions Report Q2 2025

Transparency Efterm | August 2025