Share
       Share via email

Read time : 26 mins

Reference rates for loans and derivatives are changing as a result of LIBOR approaching cessation. This may have an impact on the products and services you currently use and those we may provide in the future.

The Benchmark Factsheets provide an outline of the main features of key benchmark rates. These documents need to be read together with the respective Product Summary. If you have any questions, please contact your Lloyds Banking Group representative.

The Risk-Free Rate Calculation Conventions Factsheet

This factsheet explains the main RFR Calculation Conventions.

Access the factsheet here (PDF, 506KB)

SONIA Factsheet

This factsheet explains the features of the Sterling Overnight Index Average (SONIA).

Access the factsheet here (PDF, 186KB)

SOFR Factsheet

This factsheet summarises the key details of the Secured Overnight Financing Rate (SOFR).

Access the factsheet here (PDF, 173KB)

ESTR Factsheet

This factsheet outlines the Euro Short Term Rate (ESTR).

Access the factsheet here (PDF, 303KB)

Bank of England Bank Rate Factsheet

This factsheet highlights the main features of the Bank of England Bank Rate.

Access the factsheet here (PDF, 167 KB)

LIBOR Factsheet

This factsheet describes the main features of the London Interbank Offered Rate (LIBOR)

Access the factsheet here (PDF, 183KB)

Related links

Economics and market insight

Stay connected to the latest developments through experts who provide a range of economic reports, market intelligence, considered views and intelligent forecasts.

Business insights

 Practical guides to support you in developing your business - from starting up, scaling up, through to exporting internationally

Coronavirus guides

Find information and guidance from getting back to work safely to an overview of the available government support.

Important legal information

Lloyds Bank is a trading name of Lloyds Bank plc, Bank of Scotland plc, Lloyds Bank Corporate Markets plc and Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH.

Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065. Bank of Scotland plc. Registered Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland no. SC327000. Lloyds Bank Corporate Markets plc. Registered office 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 10399850. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278, 169628 and 763256 respectively.

Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH is a wholly-owned subsidiary of Lloyds Bank Corporate Markets plc. Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH has its registered office at Thurn-und-Taxis Platz 6, 60313 Frankfurt, Germany. The company is registered with the Amtsgericht Frankfurt am Main, HRB 111650. Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH is supervised by the Bundesanstalt für Finanzdienstleistungsaufsicht.

Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.

While all reasonable care has been taken to ensure that the information provided is correct, no liability is accepted by Lloyds Bank for any loss or damage caused to any person relying on any statement or omission. This is for information only and should not be relied upon as offering advice for any set of circumstances. Specific advice should always be sought in each instance.