(3)Following those recommendations, on 31 May 2019 the European Central Bank (ECB) calculated a one-off spread between EONIA and €STR, set at 8,5 basis points. On the same day, EMMI announced the discontinuation of EONIA as of 3 January 2022. During the transition, EMMI published a reformed methodology for EONIA under which EONIA is equal to €STR as published by the ECB plus the one-off spread adjustment of 8,5 basis points. That reformed methodology applies to EONIA from 2 October 2019 until its cessation on 3 January 2022. On 11 December 2019, EMMI was granted authorisation by the Belgian Financial Services and Markets Authority (FSMA) for the provision and administration of EONIA under Article 34 of Regulation (EU) 2016/1011, allowing EONIA to be used until its discontinuation on 3 January 2022.