This article reviews developments in sterling financial markets, including the Bank’s official operations, between the 2011 Q1 Quarterly Bulletin and 20 May 2011. The article also summarises market intelligence on selected topical issues relating to market functioning, examining the UK commercial mortgage-backed securities market and the new sterling secured overnight interest rate – the repurchase overnight index average (RONIA).
Published on
13 June 2011
Markets and operations