BoE confirms SONIA reform to be implemented in April 2018 | Practical Law

BoE confirms SONIA reform to be implemented in April 2018 | Practical Law

The Bank of England (BoE) has confirmed in a press release that its reforms to the Sterling Overnight Index Average (SONIA) interest rate benchmark will take effect on 23 April 2018.

BoE confirms SONIA reform to be implemented in April 2018

Practical Law UK Legal Update w-010-9200 (Approx. 3 pages)

BoE confirms SONIA reform to be implemented in April 2018

by Practical Law Financial Services
Published on 16 Oct 2017 • United Kingdom
The Bank of England (BoE) has confirmed in a press release that its reforms to the Sterling Overnight Index Average (SONIA) interest rate benchmark will take effect on 23 April 2018.