Euro Overnight Index Average

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Definition: Euro Overnight Index Average


Euro Overnight Index Average


Full Definition of Euro Overnight Index Average


EONIA. The weighted average of Euro Interbank Offered Rates (EURIBOR), and represents the rates that European banks charge each other for loans. It is calculated by the European Central Bank each day.


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Definition Sources


Definitions for Euro Overnight Index Average are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 17th November, 2021 | 0 Views.