ECB to Expand Reporting Population for Money Market Statistics Reporting and Euro Short-Term Rate Calculation.

The European Central Bank (ECB) will add 24 new banks to the Money Market Statistics Reporting (MMSR) population, starting from 1 July 2024, to increase the representativeness of the MMSR data published by the ECB. One bank will be removed from the current reporting population. The ECB will include the MMSR data from the new reporting banks in the euro short-term rate (€STR) at a later stage to ensure data quality, supporting the robustness and reliability of the benchmark. MMSR data provides comprehensive, detailed, and harmonized statistical information on the euro money markets and is essential for monetary policy purposes in the euro area.