Free Trial

Sonia last fixed at 0.7052% up from 0.7046%...>

SONIA
SONIA: Sonia last fixed at 0.7052% up from 0.7046% with volume at GBP44.2bln
from GBP42.4bln.
- The GBP OIS curve has shifted up, albeit within a tight range with spot rates
up <1.5bps. Forwards have similarly inched higher with the 2y1y trading up
2.1bps on the day and partially reversing the 2.8% decline on the week.
- The curve is flatter on the week as a result of =9m spot rates pushing down as
expectation of a BoE rate hike this year are scaled back.

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.