Liffe said 368 contracts based on the Eonia, the one-month euro overnight interbank average, traded on Monday. The contracts had a total value of about €796 million. The Eonia is an alternative to the Libor. By comparison, about 881,000 contracts based on Libor's equivalent in the eurozone, the Euribor, traded on Liffe the same day. They had a total value of roughly €881 billion.