Euro Overnight Index Average and Prudential regulation: Difference between pages

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imported>Doug Williamson
(Link with CET page.)
 
imported>Doug Williamson
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1. EONIA:
''Financial institutions - financial system - oversight.''
 
* 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).  
Prudential regulation and supervision relate to the safety and stability both of individual financial institutions and of the whole of the financial system.


* 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.
==See also==
*[[Bank supervision]]
*[[Conduct]]
*[[CRD IV]]
*[[Going concern]]
*[[Macroprudential]]
*[[Microprudential]]
*[[Procyclical]]
*[[Proprietary trading]]
*[[Prudential Regulation Authority]]
*[[Regulation]]


(Distinguish from EURONIA - defined below.)
[[Category:Accounting,_tax_and_regulation]]
 
[[Category:The_business_context]]
 
[[Category:Identify_and_assess_risks]]
2. EURONIA:
[[Category:Manage_risks]]
 
[[Category:Risk_frameworks]]
* 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.
[[Category:Risk_reporting]]
 
* 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.)
 
 
== See also ==
* [[CET]]
* [[SONIA]]
* [[Sterling overnight index average]]

Revision as of 16:00, 2 June 2021

Financial institutions - financial system - oversight.

Prudential regulation and supervision relate to the safety and stability both of individual financial institutions and of the whole of the financial system.


See also