Free Trial

New lows again

SONIA

The huge moves in SONIA futures continue with new lows being hit, particularly at the front-end, with a terminal rate for Bank Rate of over 6.00% now being priced (6.25% close to being fully priced in around a year's time).

  • Sep-22 down 66.3 ticks today at 96.49 - the low of the day.
  • Dec-22 down 80.0 ticks today at 94.82 - low of the day.
  • Sep-23 down 76.5 ticks today at 93.775 - day's low is 93.695.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.