EONIA: Difference between revisions
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imported>Doug Williamson m (Link with GC repo rate.) |
imported>Doug Williamson m (Add link to €STR.) |
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== See also == | == See also == | ||
* [[CET]] | * [[CET]] | ||
* [[€STR]] | |||
* [[EURIBOR]] | * [[EURIBOR]] | ||
* [[EURONIA]] | * [[EURONIA]] | ||
Revision as of 09:54, 24 July 2019
Reference rates.
This Euro OverNight Index Average (EONIA) is sponsored by the European Money Markets Institute (EMMI) and 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, 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.
EONIA is widely used as a reference rate for derivatives transactions within the euro-zone.
Distinguish from EURONIA which is sponsored and published by WMBA Ltd in London.
