Track EURIBOR and EONIA Rates
Euronext trades a EURIBOR/EONIA Swap Index futures contract. In this instance, EONIA is a mid-market rate that is calculated at 11:00 a.m. CET. Since 2008, the one-month EONIA contract and the three-month EONIA Swap Index aligned in terms of trade and settlement to central bank maintenance periods. The EONIA three-month contract tracks normal International Money Market dates while the one-month contract is aligned to European maintenance periods.
EONIA contract prices are quoted in percents to three decimal places and factored as 100 minus the traded average effective EONIA rate. Prices are quoted as 0.005 is equal to 12.50 euros.
EURIBOR prices are quoted in percents to three decimal places as 100 minus the rate ...
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