BoE's Libor collateral haircut set to accelerate Sonia trading

Thomas Helm

February 28, 2020

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The G20, the BoE and the FCA have ramped up the pressure in recent weeks. While systems continue to struggle with alternative reference rates, the BoE’s haircut should boost Sonia trading

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Thomas Helm

Financial journalist

Thomas has worked for a variety of media outlets, including Kashmir Observer, La Vanguardia, and Hürriyet Daily News. His long report "The Accumulative Impact of Post-Crisis Regulation" was the first journalistic attempt to survey the impact of post-2008 reforms on financial markets. He is currently focused on Brexit, Mifid II, market structure issues, and sustainable finance.