The difference between 3 month EURIBOR and 3 month EONIAEURIBOR is the interest rate that prime banks in the Euro-zone report they would lend to other prime banks in the Euro-zone for a fixed term. Essentially, each bank on the panel of contributes a rate and the highest and lowest fifteen percent are eliminated before the remaining contributed rates are averaged. The result is published each day at 10 am CET (complete technical details are available …
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