EURONIA: Difference between revisions
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It is a EUR-equivalent of SONIA, the similarly-calculated sterling rate. | 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. | |||
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.
