In the context of the forthcoming permanent cessation of EONIA and the transition to EurSTR, the FBF publishes a standard amendment agreement

In the context of the forthcoming permanent cessation of EONIA and the transition to EurSTR, the FBF publishes a standard amendment agreement which enables parties to amend references to EONIA in their confirmations, collateral arrangements and/or FBF master agreements to either include fallbacks to EONIA or to change the reference to EONIA to a reference to EuroSTR or EuroSTR plus 8.5 basis points. The FBF also publishes a new Technical Schedule entitled “Collateral Definitions Technical Schedule” which supplements the amendment agreement and defines EONIA and EuroSTR for the purposes of collateral arrangements and includes fallback solutions in the event that the relevant rate ceases to be published.

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