A cash settled short-term interest rate (STIR) futures contracts in which the underlying is the average sterling overnight index average...
A interest rate benchmark (overnight rate) published by Bank of England based on actual transactions in reflection of the average...
In fallback documentation, a trigger is an event that would activate the fallback provision (incorporated into a contract or arrangement...
SONIA (sterling overnight index average) is an interest rate benchmark published by Bank of England based on actual transactions in...
It stands for sterling overnight index average. It is an interest rate benchmark (overnight rate) published by Bank of England...
A rate of interest that can be used if the reference rate for a certain arrangement or contract (a facility,...
An alternative plan or set of plans whereby an entity (business) or individual defines what can be done if original...
In finance, fallback broadly refers to failure in attaining a desired or expected outcome/ result due to unfavorable or unexpected...
It stands for tangible net asset value; the net asset value (or equity on the other side of the balance...
A resettable bond (resetting bond) in which the rate (underlying interest rate) may reset at the end of a certain...