EURONIA: Difference between revisions

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imported>Doug Williamson
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''Interest rate benchmarks - euro.''
''Interest rate indices - euro.''


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


It is published by WMBA Ltd (an associated undertaking of 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 pm London time with all counterparties.
It is a EUR-equivalent of SONIA, the similarly-calculated sterling rate.


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




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* [[EONIA]]
* [[EONIA]]
* [[euro]]
* [[euro]]
* [[European Venues and Intermediaries Association]]
* [[Euro Overnight Index Average]]
* [[Interest rate]]
* [[Interest rate]]
* [[Interest rate index]]
* [[Over night index average rate]]
* [[Over night index average rate]]
* [[Overnight indexed swap]]
* [[Overnight indexed swap]]
* [[RONIA]]
* [[RONIA]]
* [[SONIA]]
* [[SONIA]]
* [[Sterling]]


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