EONIA and European Customs Union: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
(Create the page. Sources: linked pages and BBC http://www.bbc.co.uk/news/uk-36906796)
 
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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).
''European Union (EU)''


It is reported on an act/360 day count convention and is displayed to three decimal places.
The customs union comprising all EU member states and Monaco.


EONIA is widely used as a reference rate for derivatives transactions within the euro-zone.
Known more formally as the 'European Union Customs Union'.




''Distinguish from EURONIA which is sponsored and published by WMBA Ltd in London.''
==See also==
 
* [[Customs union]]
 
* [[Duty]]
== See also ==
* [[Single Market]]
* [[EURIBOR]]
* [[Tariff]]
* [[EURONIA]]
* [[European Central Bank]]
* [[European Money Markets Institute]]
* [[Over night index average rate]]
* [[Overnight indexed swap]]
* [[Real-time gross settlement system]]

Revision as of 14:29, 17 January 2017

European Union (EU)

The customs union comprising all EU member states and Monaco.

Known more formally as the 'European Union Customs Union'.


See also