Euro Overnight Index Average: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Remove date.) |
(Update for EONIA recategorisation.) |
||
| (6 intermediate revisions by 2 users not shown) | |||
| Line 1: | Line 1: | ||
1. EONIA: | 1. EONIA: | ||
Abbreviation for the discontinued Euro OverNight Index Average interest rate, formerly sponsored by the European Money Markets Institute (EMMI). | |||
EONIA was discontinued in January 2022. | |||
(Distinguish from EURONIA - defined below.) | (Distinguish from EURONIA - defined below.) | ||
| Line 16: | Line 12: | ||
* 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 | * 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 22: | Line 20: | ||
== See also == | == See also == | ||
* [[Benchmark]] | |||
* [[CET]] | |||
* [[EONIA]] | |||
* [[EURONIA]] | |||
* [[Interest rate index]] | |||
* [[Panel bank]] | |||
* [[SONIA]] | * [[SONIA]] | ||
* [[Sterling overnight index average]] | * [[Sterling overnight index average]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:Financial_products_and_markets]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Risk_frameworks]] | |||
[[Category:The_business_context]] | |||
Latest revision as of 04:06, 8 February 2024
1. EONIA:
Abbreviation for the discontinued Euro OverNight Index Average interest rate, formerly sponsored by the European Money Markets Institute (EMMI).
EONIA was discontinued in January 2022.
(Distinguish from EURONIA - defined below.)
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.
- 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.)
