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OI Points To Net Short Setting In SONIA Reds & Greens On Wednesday

STIR

The combination of yesterday's price movement in SONIA futures and OI data points to net short setting in most of the reds and greens on Wednesday.

  • Those fresh shorts were quickly rewarded, with breaks to new cycle lows seen in many SONIA futures contracts today.
  • Net OI movements in the whites and blues were more limited on Wednesday.
28-Feb-2427-Feb-24Daily OI ChangeDaily OI Change In Packs
SFIZ3189,544188,451+1,093Whites-1,345
SFIH4192,308195,285-2,977Reds+15,301
SFIM4252,432250,011+2,421Greens+4,727
SFIU4227,047228,929-1,882Blues+118
SFIZ4312,403302,567+9,836
SFIH5169,490167,637+1,853
SFIM5144,130140,324+3,806
SFIU5115,825116,019-194
SFIZ5145,590142,836+2,754
SFIH693,49691,288+2,208
SFIM665,55466,447-893
SFIU644,83344,175+658
SFIZ653,99653,850+146
SFIH737,92238,299-377
SFIM727,94527,914+31
SFIU719,65319,335+318
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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