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Euro Overnight Index Average - EONIA

What Does It Mean?
What Does Euro Overnight Index Average - EONIA Mean?
The weighted average of overnight Euro Interbank Offer Rates for inter-bank loans.
Investopedia Says
Investopedia explains Euro Overnight Index Average - EONIA
EONIA is the standard interest rate for Euro currency deposits. The European Central Bank is responsible for calculating the EONIA every day.
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CURRENT HIGH YIELD SAVINGS RATES
Type
Overnight avgs
Rate data provided by
Bankrate.com
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