The Swiss Average Rate Overnight (SARON) is a measurement of the overnight interest rate of the secured funding market denominated in Swiss Franc (CHF). It is based on transactions and quotes posted in the Swiss repo market, and is administered by SIX. Internationally, there is a consensus that financial benchmarks need to be resilient and reliable.
The Swiss Average Rate Overnight (SARON) is a measurement of the overnight interest rate of the secured funding market denominated in Swiss Franc (CHF). It is based on transactions and quotes posted in the Swiss repo market, and is administered by SIX. Internationally, there is a consensus that financial benchmarks need to be resilient and reliable.
Source: Wikipedia "SARON" · CC BY-SA 4.0
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