(9)Along with the announcement, on 31 May 2019, of the cessation of the publication of EONIA as of 3 January 2022, EMMI announced changes to the methodology of EONIA to ensure continued compliance with Regulation (EU) 2016/1011 and to ensure a smooth transition until final discontinuation of EONIA. Those changes apply to the EONIA methodology since 2 October 2019, and directly link the EONIA calculation to the development of €STR, by stating that EONIA is equal to €STR plus a fixed spread adjustment based on the spread calculated by the ECB. The addition of a fixed spread adjustment limits the economic impact of designating €STR as the statutory replacement for EONIA in all contracts that mature beyond the EONIA end date of 3 January 2022.