What’s Eonia?

Eonia is a daily referral interest fee sponsored by Euribor-EBF, calculated using unsecured loans between banks in the eurozone. Euribor-EBF also sponsors Euribor, Eurepo, and Eoniaswap as reference points for interbank loans. The organization was created in 1999 and works under Belgian law. Eonia is a shortened form of the Euro OverNight Index Average. It […]

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