The London Inter Bank Mean Rate (LIMEAN) represents the mean of bid and offer rates offered by major banks on the London interbank market. It is used as a benchmark for interest rates and financial pricing.
A Market Index is a statistical measure that tracks the performance of a group of assets in order to provide a benchmark for the wider market or specific sectors of it.
SONIA, an acronym for Sterling Overnight Index Average, is a reference rate computed as a weighted average of sterling overnight funding rates in the interbank market.
