We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Money Market Rates
valiant24
Posts: 479 Forumite
Apologies: some oen sent me the appropriate link before but I can't now find it even with a forum search:
Which rate is it that Money Market Funds such as:
ROYAL LONDON BD FD RL SHT TERM MONEY MKT Y ACC (RLCBTY)
closely track please?
I'd like to get an idea of the current "interest rate".
Thanks
V
Which rate is it that Money Market Funds such as:
ROYAL LONDON BD FD RL SHT TERM MONEY MKT Y ACC (RLCBTY)
closely track please?
I'd like to get an idea of the current "interest rate".
Thanks
V
0
Comments
-
Sterling Overnight Index Average (SONIA) 5.2%
1 -
SONIA, the Bank of England Sterling Overnight Interbank Average
1 -
If you look at the factsheet you will see the benchmark index is: Bank Of England Sterling Overnight Index Average (aka SONIA).
https://www.bankofengland.co.uk/boeapps/database/fromshowcolumns.asp?Travel=NIxSUx&FromSeries=1&ToSeries=50&DAT=RNG&FD=1&FM=Jan&FY=2014&TD=16&TM=May&TY=2024&FNY=&CSVF=TT&html.x=135&html.y=41&C=5JK&Filter=N
0 -
If you want to be rich, live like you're poor; if you want to be poor, live like you're rich.1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 247K Work, Benefits & Business
- 603.6K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards