Sterling overnight index average: Difference between revisions
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imported>Doug Williamson m (Spacing 20/8/13) |
imported>Doug Williamson (Expand to reference SONIA as usual designation.) |
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Tracks actual average market sterling funding rates each day for settlement that day where repayment is made on the following business day. | Tracks actual average market sterling funding rates each day for settlement that day where repayment is made on the following business day. | ||
It is usually referred to by the acronym 'SONIA'. | |||
Revision as of 10:08, 4 February 2018
(SONIA).
Tracks actual average market sterling funding rates each day for settlement that day where repayment is made on the following business day.
It is usually referred to by the acronym 'SONIA'.
