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Money Market Rates
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valiant24
Posts: 457 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
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Sterling Overnight Index Average (SONIA) 5.2%
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SONIA, the Bank of England Sterling Overnight Interbank Average
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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
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If you want to be rich, live like you're poor; if you want to be poor, live like you're rich.1
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