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EONIA
(redirected from Euro Overnight Index Average)

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


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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.
 
 
 
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