SONIA and SREP: Difference between pages

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''Interest rate benchmarks''.
''European Union (EU).''


Sterling Overnight Index Average.
Supervisory Review and Evaluation Process.




Tracks actual average market sterling funding rates each day:
==See also==
*for settlement that day
* [[European Banking Authority]]
*where repayment is made on the following business day.
* [[ICAAP]]
 
* [[ILAAP
 
* [[Liquidity risk]]
It is defined and calculated as the weighted average rate (to four decimal places) of all unsecured sterling overnight cash transactions brokered in London by EVIA* member firms between midnight and 4.15pm London time with all counterparties in a minimum deal size of £25 million.
* [[Pillar 2]]
 
* [[TSCR]]
 
The Bank of England assumed responsibility as the administrator of a revised SONIA with effect from April 2018.
 
Among other changes, SONIA was broadened to include overnight unsecured transactions negotiated bilaterally, as well as those arranged via brokers.
 
 
== See also ==
* [[Benchmark]]
* [[Euro Overnight Index Average ]]
* [[EURONIA]]
* [[European Venues and Intermediaries Association]] (EVIA)
* [[Financial Stability Board]]
* [[HONIA]]
* [[Interest determination date]]
* [[LIBOR]]
* [[Over night index average rate]]
* [[Overnight indexed swap]]
* [[RFR WG]]
* [[Risk-free rates]]
* [[SARON]]
* [[SOFR]]
* [[Sterling overnight index average]]
* [[The Working Group on Sterling Risk-Free Reference Rates]]
* [[TONAR]]
* [[Transition risk]]
 
 
==Other links==
 
*[https://www.bankofengland.co.uk/markets/transition-to-sterling-risk-free-rates-from-libor/working-group-on-sterling-risk-free-reference-rates Working Group of Sterling Risk-Free Reference Rates - latest announcements & publications]
 
*[https://www.treasurers.org/hub/technical/practical-guide-libor A Practical Guide to LIBOR transition - Slaughter & May - Association of Corporate Treasurers]
 
*[[Media:Slaughter and May interest rate benchmarks.pdf| 2021: A Benchmark Odyssey, Practical Guidance for Treasurers on interest rate benchmarks, Slaughter and May]]
 
*[https://www.bankofengland.co.uk/markets/sonia-benchmark SONIA and other benchmarks]
 
*[https://www.newyorkfed.org/medialibrary/Microsites/arrc/files/2018/ARRC-Second-report ARRC: Second Report]
 
[https://www.evia.org.uk/ European Venues and Intermediaries Association - EVIA]
 
[[Category:Corporate_financial_management]]

Revision as of 20:48, 13 August 2016

European Union (EU).

Supervisory Review and Evaluation Process.


See also