EURONIA: Difference between revisions

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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.  
''Interest rate indices - euro.''


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.
EURONIA is a euro overnight index average that tracks actual average market euro overnight funding rates each day for settlement that day.


(Distinguish from EONIA, the Euro Overnight Index Average.)
It is a EUR-equivalent of SONIA, the similarly-calculated sterling rate.
 
EURONIA was formerly an interest benchmark, but was recategorised as an interest rate index in 2022.
 
 
EURONIA is not to be confused with ''EONIA'', the Euro Overnight Index Average rate.




== See also ==
== See also ==
* [[Benchmark]]
* [[EONIA]]
* [[EONIA]]
* [[euro]]
* [[Euro Overnight Index Average]]
* [[Interest rate]]
* [[Interest rate index]]
* [[Over night index average rate]]
* [[Over night index average rate]]
* [[Overnight indexed swap]]
* [[Overnight indexed swap]]
* [[RONIA]]
* [[SONIA]]
* [[SONIA]]
* [[Wholesale Markets Brokers' Association]]
* [[Sterling]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Financial_products_and_markets]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:The_business_context]]

Latest revision as of 04:07, 8 February 2024

Interest rate indices - euro.

EURONIA is a euro overnight index average that tracks actual average market euro overnight funding rates each day for settlement that day.

It is a EUR-equivalent of SONIA, the similarly-calculated sterling rate.

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


EURONIA is not to be confused with EONIA, the Euro Overnight Index Average rate.


See also