SARON

Swiss Average Rate OverNight.

SARON is the likely risk-free rate substitute for CHF LIBOR in contracts which reference CHF LIBOR.

It is a secured rate, based on the Swiss repo market.

See also

• CHF
• Euro Overnight Index Average
• EURONIA
• LIBOR
• National Working Group on Swiss Franc Reference Rates
• Over night index average rate
• Repo
• Risk-free rates
• Sterling overnight index average
• Swiss Average Rate Overnight
• Switzerland
• TONAR