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EONIA

   Also found in: Financial, Wikipedia 0.01 sec.
AcronymDefinition
EONIAEuro Overnight Index Average


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Pure Alpha was approved by the AMF in June Legal structure: FCP Aria III Liquidity: Monthly Redemption notice: 35 to 95 days with 10% fees, no fees beyond 95 days Minimum investment: 1,000,000 E / part Management fee: 1% Performance fee: 10% above EONIA with highwater mark 2009 CPI Financial.
As a consequence, Eonia (the overnight rate) has slumped to about 0.
Alongside the EURIBOR, which establishes the one to 12 month interbank euro interest rates, the European Central Bank has created the EONIA (Euro OverNight Index Average) as the effective overnight rate for the euro.
 
 
 
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