EURONIA

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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.

It is published by WMBA Ltd (part 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.

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


See also