Race to create term risk-free rates hots up

Markit joins term Sonia hopefuls; four providers release term €STR plans

Sterling

More entrants are joining the contest to provide forward-looking versions of overnight risk-free rates, despite UK regulators playing down the long-term prospects of such projects.

IHS Markit became the fourth vendor to reveal plans to develop a term version of the sterling overnight rate, Sonia, when it presented its methodology to the UK working group in charge of Libor transition in September. Markit joins FTSE Russell, Ice Benchmark Administration and Refinitiv in vying to provide a term

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: