EURONIA

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Revision as of 22:30, 28 January 2016 by imported>Doug Williamson (Align time presentation with LIBOR page.)
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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 pm London time with all counterparties.

(Distinguish from EONIA, the Euro Overnight Index Average.)


See also