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What does EONIA stand for?

EONIA stands for Euro Overnight Index Average

This definition appears very frequently and is found in the following Acronym Finder categories:

  • Business, finance, etc.

Samples in periodicals archive:

The euro overnight index average rate is less variable: Here banks must meet positive ECB reserve requirements on a monthly average basis, providing more leeway in managing daily reserve positions.
In Europe, speculation about policy easing intensified, as shown by a significant decline in implied yields for futures contracts on the Euro Overnight Index Average.