Euro Overnight Index Average - Revision history

Doug: Update for EONIA discontinuance.

2025-03-03T19:06:50Z

Update for EONIA discontinuance.

← Older revision		Revision as of 19:06, 3 March 2025
Line 22:		Line 22:
	* [[Benchmark]]		* [[Benchmark]]
	* [[CET]]		* [[CET]]
	* [[EONIA]]
	* [[EURONIA]]		* [[EURONIA]]
	* [[Interest rate index]]		* [[Interest rate index]]

Doug: Update for EONIA recategorisation.

2024-02-08T04:06:16Z

Update for EONIA recategorisation.

← Older revision		Revision as of 04:06, 8 February 2024
Line 13:		Line 13:

	* It is published by WMBA Ltd (part of the European Venues and Intermediaries Association - EVIA) in London at 5.00 pm each day. It is the weighted average rate to four decimal places of all unsecured euro overnight cash transactions brokered in London by EVIA member firms between midnight and 4.00pm London time with all counterparties.		* It is published by WMBA Ltd (part of the European Venues and Intermediaries Association - EVIA) in London at 5.00 pm each day. It is the weighted average rate to four decimal places of all unsecured euro overnight cash transactions brokered in London by EVIA member firms between midnight and 4.00pm London time with all counterparties.

			* EURONIA was formerly an interest benchmark, but was recategorised as an interest rate index in 2022.

	(Distinguish from EONIA - defined above.)		(Distinguish from EONIA - defined above.)
Line 18:		Line 20:

	== See also ==		== See also ==
			* [[Benchmark]]
	* [[CET]]		* [[CET]]
	* [[EONIA]]		* [[EONIA]]
	* [[EURONIA]]		* [[EURONIA]]
			* [[Interest rate index]]
	* [[Panel bank]]		* [[Panel bank]]
	* [[SONIA]]		* [[SONIA]]

Doug: Update EONIA part.

2024-02-08T03:00:24Z

Update EONIA part.

← Older revision		Revision as of 03:00, 8 February 2024
Line 1:		Line 1:
	1. EONIA:		1. EONIA:

	* This Euro ~~overnight index average is~~ sponsored by the European ~~Banking Federation and the ACI The Financial~~ Markets ~~Association~~.		Abbreviation for the discontinued Euro OverNight Index Average interest rate, formerly sponsored by the European Money Markets Institute (EMMI).

	* It is calculated by the European Central Bank at 7.00 pm (CET) as a weighted average of all overnight unsecured lending transactions in the interbank market, initiated within the euro area by the same Panel Banks as used in EURIBOR calculations and carried out before the closing of real-time gross settlement (RTGS) systems at 6.00 pm (CET).		EONIA was discontinued in January 2022.

	* It is reported on an act/360 day count convention and is displayed to three decimal places.

	* EONIA is widely used as a reference rate for derivatives transactions within the euro-zone.

	(Distinguish from EURONIA - defined below.)		(Distinguish from EURONIA - defined below.)
Line 23:		Line 19:
	== See also ==		== See also ==
	* [[CET]]		* [[CET]]
			* [[EONIA]]
			* [[EURONIA]]
	* [[Panel bank]]		* [[Panel bank]]
	* [[SONIA]]		* [[SONIA]]
Line 28:		Line 26:

	[[Category:Accounting,_tax_and_regulation]]		[[Category:Accounting,_tax_and_regulation]]
	[[Category:~~The_business_context~~]]		[[Category:Financial_products_and_markets]]
	[[Category:Identify_and_assess_risks]]		[[Category:Identify_and_assess_risks]]
	[[Category:Manage_risks]]		[[Category:Manage_risks]]
	[[Category:Risk_frameworks]]		[[Category:Risk_frameworks]]
	[[Category:~~Cash_management]]~~		[[Category:The_business_context]]
	~~[[Category:Financial_products_and_markets]]~~
	~~[[Category:Liquidity_management~~]]

imported>Doug Williamson: Layout.

2022-04-14T17:07:40Z

Layout.

← Older revision		Revision as of 17:07, 14 April 2022
Line 3:		Line 3:
	* This Euro overnight index average is sponsored by the European Banking Federation and the ACI The Financial Markets Association.		* This Euro overnight index average is sponsored by the European Banking Federation and the ACI The Financial Markets Association.

	* It is calculated by the European Central Bank at 7 pm (CET) as a weighted average of all overnight unsecured lending transactions in the interbank market, initiated within the euro area by the same Panel Banks as used in EURIBOR calculations and carried out before the closing of real-time gross settlement (RTGS) systems at 6.00 pm (CET).		* It is calculated by the European Central Bank at 7.00 pm (CET) as a weighted average of all overnight unsecured lending transactions in the interbank market, initiated within the euro area by the same Panel Banks as used in EURIBOR calculations and carried out before the closing of real-time gross settlement (RTGS) systems at 6.00 pm (CET).

	* It is reported on an act/360 day count convention and is displayed to three decimal places.		* It is reported on an act/360 day count convention and is displayed to three decimal places.
Line 16:		Line 16:
	* This Euro overnight index average tracks actual average market euro funding rates each day for settlement that day where repayment is made on the following business day.		* This Euro overnight index average tracks actual average market euro funding rates each day for settlement that day where repayment is made on the following business day.

	* It is published by WMBA Ltd (part of the European Venues and Intermediaries Association - EVIA) in London at 5 pm each day. It is the weighted average rate to four decimal places of all unsecured euro overnight cash transactions brokered in London by EVIA member firms between midnight and 4.00pm London time with all counterparties.		* It is published by WMBA Ltd (part of the European Venues and Intermediaries Association - EVIA) in London at 5.00 pm each day. It is the weighted average rate to four decimal places of all unsecured euro overnight cash transactions brokered in London by EVIA member firms between midnight and 4.00pm London time with all counterparties.

	(Distinguish from EONIA - defined above.)		(Distinguish from EONIA - defined above.)
Line 23:		Line 23:
	== See also ==		== See also ==
	* [[CET]]		* [[CET]]
			* [[Panel bank]]
	* [[SONIA]]		* [[SONIA]]
	* [[Sterling overnight index average]]		* [[Sterling overnight index average]]

imported>Doug Williamson: Classify page.

2022-04-14T17:06:35Z

Classify page.

← Older revision		Revision as of 17:06, 14 April 2022
Line 25:		Line 25:
	* [[SONIA]]		* [[SONIA]]
	* [[Sterling overnight index average]]		* [[Sterling overnight index average]]

			[[Category:Accounting,_tax_and_regulation]]
			[[Category:The_business_context]]
			[[Category:Identify_and_assess_risks]]
			[[Category:Manage_risks]]
			[[Category:Risk_frameworks]]
			[[Category:Cash_management]]
			[[Category:Financial_products_and_markets]]
			[[Category:Liquidity_management]]

imported>Doug Williamson: Link with CET page.

2018-01-12T19:01:04Z

Link with CET page.

← Older revision		Revision as of 19:01, 12 January 2018
Line 22:		Line 22:

	== See also ==		== See also ==
			* [[CET]]
	* [[SONIA]]		* [[SONIA]]
	* [[Sterling overnight index average]]		* [[Sterling overnight index average]]

imported>Doug Williamson: Changed WMBA to EVIA.

2018-01-10T09:26:35Z

Changed WMBA to EVIA.

← Older revision		Revision as of 09:26, 10 January 2018
Line 16:		Line 16:
	* This Euro overnight index average tracks actual average market euro funding rates each day for settlement that day where repayment is made on the following business day.		* This Euro overnight index average tracks actual average market euro funding rates each day for settlement that day where repayment is made on the following business day.

	* It is published by WMBA Ltd (part of the European Venues and Intermediaries Association - EVIA) in London at 5 pm each day. It is the weighted average rate to four decimal places of all unsecured euro overnight cash transactions brokered in London by ~~WMBA~~ member firms between midnight and 4.00pm London time with all counterparties.		* It is published by WMBA Ltd (part of the European Venues and Intermediaries Association - EVIA) in London at 5 pm each day. It is the weighted average rate to four decimal places of all unsecured euro overnight cash transactions brokered in London by EVIA member firms between midnight and 4.00pm London time with all counterparties.

	(Distinguish from EONIA - defined above.)		(Distinguish from EONIA - defined above.)

imported>Doug Williamson: Update for name change.

2018-01-10T09:25:33Z

Update for name change.

← Older revision		Revision as of 09:25, 10 January 2018
Line 16:		Line 16:
	* This Euro overnight index average tracks actual average market euro funding rates each day for settlement that day where repayment is made on the following business day.		* This Euro overnight index average tracks actual average market euro funding rates each day for settlement that day where repayment is made on the following business day.

	* It is published by the ~~Wholesale Market Brokers~~ Association ~~(WMBA~~) in London at 5 pm each day. It is the weighted average rate to four decimal places of all unsecured euro overnight cash transactions brokered in London by WMBA member firms between midnight and 4.00pm London time with all counterparties.		* It is published by WMBA Ltd (part of the European Venues and Intermediaries Association - EVIA) in London at 5 pm each day. It is the weighted average rate to four decimal places of all unsecured euro overnight cash transactions brokered in London by WMBA member firms between midnight and 4.00pm London time with all counterparties.

	(Distinguish from EONIA - defined above.)		(Distinguish from EONIA - defined above.)

imported>Doug Williamson: Remove date.

2017-11-15T16:53:39Z

Remove date.

← Older revision		Revision as of 16:53, 15 November 2017
Line 5:		Line 5:
	* It is calculated by the European Central Bank at 7 pm (CET) as a weighted average of all overnight unsecured lending transactions in the interbank market, initiated within the euro area by the same Panel Banks as used in EURIBOR calculations and carried out before the closing of real-time gross settlement (RTGS) systems at 6.00 pm (CET).		* It is calculated by the European Central Bank at 7 pm (CET) as a weighted average of all overnight unsecured lending transactions in the interbank market, initiated within the euro area by the same Panel Banks as used in EURIBOR calculations and carried out before the closing of real-time gross settlement (RTGS) systems at 6.00 pm (CET).

	* It is reported on an act/360 day count convention and ~~(since 2007)~~ is displayed to three decimal places.		* It is reported on an act/360 day count convention and is displayed to three decimal places.

	* EONIA is widely used as a reference rate for derivatives transactions within the euro-zone.		* EONIA is widely used as a reference rate for derivatives transactions within the euro-zone.

imported>Doug Williamson: More space added

2014-04-16T15:20:39Z

More space added

← Older revision		Revision as of 15:20, 16 April 2014
Line 1:		Line 1:
	1. EONIA:		1. EONIA:

	*This Euro overnight index average is sponsored by the European Banking Federation and the ACI The Financial Markets Association.		* This Euro overnight index average is sponsored by the European Banking Federation and the ACI The Financial Markets Association.

	*It is calculated by the European Central Bank at 7 pm (CET) as a weighted average of all overnight unsecured lending transactions in the interbank market, initiated within the euro area by the same Panel Banks as used in EURIBOR calculations and carried out before the closing of real-time gross settlement (RTGS) systems at 6.00 pm (CET).		* It is calculated by the European Central Bank at 7 pm (CET) as a weighted average of all overnight unsecured lending transactions in the interbank market, initiated within the euro area by the same Panel Banks as used in EURIBOR calculations and carried out before the closing of real-time gross settlement (RTGS) systems at 6.00 pm (CET).

	*It is reported on an act/360 day count convention and (since 2007) is displayed to three decimal places.		* It is reported on an act/360 day count convention and (since 2007) is displayed to three decimal places.

	*EONIA is widely used as a reference rate for derivatives transactions within the euro-zone.		* EONIA is widely used as a reference rate for derivatives transactions within the euro-zone.

	(Distinguish from EURONIA - defined below.)		(Distinguish from EURONIA - defined below.)


	2. EURONIA:		2. EURONIA:

	*This Euro overnight index average tracks actual average market euro funding rates each day for settlement that day where repayment is made on the following business day.		* This Euro overnight index average tracks actual average market euro funding rates each day for settlement that day where repayment is made on the following business day.

	*It is published by the Wholesale Market Brokers Association (WMBA) in London at 5 pm each day. It is the weighted average rate to four decimal places of all unsecured euro overnight cash transactions brokered in London by WMBA member firms between midnight and 4.00pm London time with all counterparties.		* It is published by the Wholesale Market Brokers Association (WMBA) in London at 5 pm each day. It is the weighted average rate to four decimal places of all unsecured euro overnight cash transactions brokered in London by WMBA member firms between midnight and 4.00pm London time with all counterparties.

	(Distinguish from EONIA - defined above.)		(Distinguish from EONIA - defined above.)


	== See also ==		== See also ==
	* [[SONIA]]		* [[SONIA]]
	* [[Sterling overnight index average]]		* [[Sterling overnight index average]]