Eonia Spike Puts Spotlight Back on Unsecured Benchmarks
Euro Overnight Index Average surged late last month on light volume.
By Alexandra Harris, Bloomberg|December 11, 2017 at 08:59 AM
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While the storm surrounding Eonia has come and gone, its sudden spike higher in late November is raising fresh questions over how to replace Libor and its variants, the ubiquitous borrowing benchmarks set to be phased out.
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