***THIS INDEX WILL BE DISCONTINUED ON 12/29/17*** The Bloomberg European Banks Funding Margin Index represents funding spread above EURIBOR for European banks of high credit rating. It is made of asset swap values of senior bonds issued by European banks. Each bank is represented by one senior bond, denominated in EUR, maturity from 4 to 10 years, minimum par amount 500MM. This index is smoothed by calculating 6 month moving average of daily values of BXEBFMD Index. The index is denominated in bps (0.01%).