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Sep-22 contract hits high of the week

SONIA
  • The Sep-22 SONIA contract hit its high of the week shortly after the open - trading to a high of 96.99.
  • The Jun-23 contract has also surpassed its high of the week at 94.31 (with the exception of the first few minutes of trading on Monday) with the terminal Bank Rate fully priced for 5.75%.
  • For the Greens, the strip is lower than the official close yesterday but higher than it moved to in post-official close trading ahead of the "actual" close.

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