Money Market Rates

valiant24

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

Aidanmc

Sterling Overnight Index Average (SONIA) 5.2%

ColdIron

SONIA, the Bank of England Sterling Overnight Interbank Average

gravel_2

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

Bravepants

Here's quite a handy link too:

https://www.global-rates.com/en/interest-rates/sonia/