€STR fault fixed, rate setting back on track

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€STR fault fixed, rate setting back on track

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FRANKFURT, GERMANY - JULY 17, 2015: Short time after opening of new headquarters of European Central Bank in Frankfurt, Germany. Dark cloud over building. | travelview - stock.adobe.com

The technical issue that led to the ECB being forced to use its contingency computation method to set €STR on Tuesday has been fixed, and the benchmark is once more functioning normally.

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