London Stock Exchange Group & SONIA

London Stock Exchange Group is working to support market transition from LIBOR across the group businesses, including LCH (swaps transition), CurveGlobal (SONIA futures), London Stock Exchange plc (supporting SONIA issuers) and FTSE Russell (potential provider of term rate and fallbacks).

This two-minute video explains how the CurveGlobal Inter-Commodity Spread (ICS) helps manage the transition to SONIA from LIBOR, the reformed sterling benchmark.
Andy Ross, CurveGlobal CEO talks on LIBOR reform and the growing adoption of the CurveGlobal® Three Month SONIA Futures contract.
London Stock Exchange welcomed Lloyds bank as the first corporate bank to price a bond using the reformed interest rate benchmark SONIA, issuing £750 million of debt that is linked to the alternative