BoE to publish ‘golden source’ compounded Sonia index in July

- By Helen Bartholomew
- @HelenBarthol
- 26 Feb 2020

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The Bank of England has bowed to industry calls for an official Sonia index, and will publish a new ‘golden source’ compounded-in-arrears version of the risk-free rate from July.

The move aligns with the US, where the Federal Reserve Bank of New York plans to publish a compounded-in-arrears index on the secured overnight financing rate (SOFR) from March 2.

According to Andrew Hauser, executive director for markets at the Bank of England, the latest development is part of an effort to

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact info@risk.net to find out more.

You are currently unable to copy this content. Please contact info@risk.net to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net