First Eonia swap index fixed

TECHNOLOGY NEWS

The index is the mid-market rate at which Eonia swaps are quoted between prime banks actively providing prices in the Eonia swap market.

It was launched by Euribor (euro interbank offered rate) FBE (European Banking Federation) in conjunction with the Euribor ACI (the financial markets association).

Telerate provided the technological support.

The index is the fourth benchmark sponsored by the FBE, after the successful introduction of Euribor and Eonia in 1999, and Eurepo in March 2002.

The index

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