‘Last orders’ called on Libor benchmark
The Bank of England’s deputy governor for markets and banking has said pace of transition from Libor to Sonia must be accelerated.
Tag: SONIA
CurveGlobal expands SONIA interest rate futures
CurveGlobal has said it will launch one month SONIA interest rate futures on 29 July this year.
The Investment Association guides buy-side through Libor transition
Industry body has produced a roadmap aimed at guiding asset managers through the transition from Libor to Sonia.
CME Group SONIA interest rate futures to launch in October
CME Group will launch two SONIA interest rate futures contracts on 1 October pending regulatory approval.
Citi clears first buy-side SONIA trade on CurveGlobal
CurveGlobal launched three-month Sterling Overnight Index Average (SONIA) futures earlier this year.
Large legacy of contracts stutters Libor transition
Libor is in the process of being phased out and will be replaced by SONIA in April this year.
CurveGlobal adds SONIA futures contracts
SONIA futures contracts aim to facilitate the UK’s transition from the LIBOR benchmark.