Mortgages, 2019 will be the year of the new Euribor. What changes for Italians
Why do we need to change the Euribor?The European money markets institute (EMMI) is changing the way the rate is calculated so that it complies with the requirements set by the principles adopted at international level and to avoid the emergence of new financial scandals that may involve it as in the recent past.What is the reform?We will move from a calculation process based only on the findings made by a panel of banks (20 at present) to a "hybrid" methodology whereby the rate will be determined whenever possible through actual market exchanges for different maturities and, in the absence of transactions, on the estimates of the cost of funding carried out by the Panel banks.What are the times?Em...Leggi di più
