EURONIA: Difference between revisions

Latest revision as of 11:58, 16 February 2022

Interest rate benchmarks - 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 is not to be confused with EONIA, the Euro Overnight Index Average rate.

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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.
+''Interest rate benchmarks - euro.''
-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.
+EURONIA is a euro overnight index average that tracks actual average market euro overnight funding rates each day for settlement that day.
-(Distinguish from EONIA, the Euro Overnight Index Average.)
+It is a EUR-equivalent of SONIA, the similarly-calculated sterling rate.
+EURONIA is not to be confused with ''EONIA'', the Euro Overnight Index Average rate.
 == See also ==
+* [[Benchmark]]
 * [[EONIA]]
-* [[European Venues and Intermediaries Association]]
+* [[euro]]
+* [[Interest rate]]
 * [[Over night index average rate]]
 * [[Overnight indexed swap]]
+* [[RONIA]]
 * [[SONIA]]
+* [[Sterling]]
+[[Category:Accounting,_tax_and_regulation]]
+[[Category:The_business_context]]
+[[Category:Identify_and_assess_risks]]
+[[Category:Manage_risks]]
+[[Category:Financial_products_and_markets]]