Euribor Panel update

EMMI confirms that discussions are at an advanced stage with a bank expected to join the panel in the near future. The prospective contributor is a bank with significant activity across the Eurozone, which would further enhance the panel’s geographic and business representativeness. Any formal addition will be announced in due course following completion of the relevant assessment and onboarding processes.

In this context, EMMI also announced that Barclays Bank PLC will withdraw from the panel with effect from 27 February 2026, which will be the date of its last contribution of input data. EMMI thanks Barclays Bank PLC for its contribution to Euribor over the years.

In line with the EU Benchmarks Regulation, EMMI assessed the potential impact of this change on Euribor. The assessment determined that the withdrawal does not affect the benchmark’s ability to measure its underlying market. The outcome was reviewed and endorsed by the European Securities and Markets Authority (ESMA), following consultation with the Euribor College of Supervisors.

Euribor therefore continues to operate smoothly and remains fully representative for market participants. There is no impact for users of the benchmark.

Panel changes, including both additions and withdrawals, are a normal part of the benchmark’s ongoing evolution. Through this process, EMMI remains committed to ensuring the long-term health and adaptability of Euribor.

More broadly, the panel has developed positively in recent years. Since 2022, three banks have rejoined, supporting broader geographic and institutional coverage. The ongoing discussions with a further potential contributor reflect the continued attractiveness of the panel and EMMI’s commitment to further strengthening and diversifying the contributor base in line with market activity.

Media contact

Ismaël Boukamher
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​Communication Officer
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​i.boukamher@emmi-benchmarks.eu
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​+32 486 54 46 52