Announcement Regarding Goldman Sachs Momentum Builder® Focus ER Index
NEW YORK, December 22, 2021 –The Index Committee for the Goldman Sachs Momentum Builder® Focus ER Index (the “Index”) is providing notice that, as part of the discontinuation of the Euro Overnight Index Average (“EUR-EONIA”), the Index methodology will be amended to replace EUR-EONIA with the Euro Short-Term Rate (“€STR”) plus a spread of 8.5 basis points as the currency financing amount rate for the relevant currency. €STR plus a spread of 8.5 basis points reflects how EUR-EONIA has been calculated since October 2, 2019.
The effective date for the change is expected to be January 3, 2022.
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