What is the Overnight Index for EUR?
A) EURIBOR
B) EONIA
C) Eurepo
D) TMP

Question

Quizplus · Accepted Answer

The Overnight Index for EUR is EONIA (Euro OverNight Index Average). EONIA is the reference rate for overnight interbank lending in the eurozone and is calculated as a weighted average of the overnight lending rates of a panel of banks. EURIBOR (Euro Interbank Offered Rate) is a different reference rate that reflects the rates at which banks are willing to lend to each other for various periods, ranging from overnight to 12 months. Eurepo and TMP are not relevant to the overnight index for EUR.

What Is the Overnight Index for EUR