SONIA: steady as she goes

Created
Wed, 14/08/2024 - 18:00
Updated
Wed, 14/08/2024 - 18:00
Joanna McLafferty, Kirstine McMillan and Joseph Smart On 7 May 2024 the SONIA rate, the UK’s risk-free reference rate, printed at exactly 5.2000% and has remained there to the end of July 2024 (the time of writing). Flatlining of SONIA is not a phenomenon we see often. Prior to this, over the past six years … Continue reading SONIA: steady as she goes