What is the Overnight Index for EUR?
A) EURIBOR
B) EONIA
C) EUREPO
D) EURONIA

Question

Quizplus · Accepted Answer

The Overnight Index for EUR is EONIA (Euro OverNight Index Average). EONIA is the reference rate that measures the cost of overnight euro borrowing. EURIBOR (European Interbank Offered Rate) is a benchmark rate that indicates the average interest rate at which a panel of European banks can borrow funds from one another. EUREPO (Euro Repurchase Agreement) is a lending agreement between two parties involving the sale of securities with a commitment to repurchase them at a future date. EURONIA is not a recognized financial term.

What Is the Overnight Index for EUR