Eonia

Eonia stands for Euro OverNight Index Average

Eonia® is the effective overnight reference rate for the euro. It is computed as a weighted average of all overnight unsecured lending transactions in the interbank market, undertaken in the European Union and European Free Trade Association (EFTA) countries.

It is administered by the European Money Markets Institute (EMMI) while the European Central Bank is the calculation agent for Eonia®.

News

 * CentralBanking.com, ECB develops new overnight benchmark rate: The new rate will complement the existing overnight benchmark, Eonia. Published on 21 September 2017.