UK interest rate data, built for people who need to understand it
Daily Basis publishes daily Bank of England base rate data, SONIA fixings, UK gilt yields and GBP swap rates — with the market context to make sense of them.
What we publish
Every business day, Daily Basis updates the rates that matter most to UK borrowers, investors and finance professionals: the BoE base rate, the SONIA overnight rate, 2-year, 10-year and 30-year gilt yields, and the full GBP SONIA swap curve from 1 to 30 years.
Alongside the data, we publish market commentary covering the MPC's policy outlook, rate expectations priced into OIS markets, and analyst consensus forecasts for the path of UK rates.
Our in-depth articles cover topics including:
- Bank of England MPC meeting analysis and rate decision previews
- UK gilt market dynamics — term premium, fiscal risk, inflation
- Practical guides for UK borrowers on SONIA, swap rates and hedging
- Comparison of UK rates against US, EU and global benchmarks
Our data sources
Every rate on Daily Basis is sourced from an official or authoritative primary source. We do not fabricate, estimate or smooth rate data. Where rates are published with a time lag — as SONIA is, one business day in arrears — we display the most recently available official fixing.
Editorial approach
Daily Basis is written for an informed audience — people who know what a basis point is but want concise, accurate analysis without jargon for its own sake. Our target reader is a corporate treasurer, a commercial property professional, a financial adviser or a sophisticated private investor.
We do not have a directional view on markets and do not express opinions on whether interest rates should be higher or lower. Our analysis aims to accurately represent the range of views held by market participants and economists.
When we report market-implied probabilities (for example, the probability of a BoE cut at the next meeting), these are derived mechanically from OIS market pricing and represent what financial markets have priced in, not our own forecast.
Update frequency
Daily rate data is updated each London business day. BoE base rate and SONIA are updated by 09:30 following the BoE's morning publication. Gilt yields and swap rates are updated to reflect end-of-London-business-day closing levels.
Market commentary is updated each business day to reflect significant rate moves, data releases and central bank communications.
Articles are published 2–3 times per month and are evergreen unless specifically marked as time-sensitive analysis.
Important: not financial advice
Daily Basis is an informational service. All rate data, analysis, forecasts and commentary published on this site are for informational and educational purposes only.
Daily Basis is not authorised or regulated by the Financial Conduct Authority (FCA). Nothing published on this site constitutes investment advice, financial advice, trading advice or any other form of advice. You should not rely on any information on this site to make investment or hedging decisions without taking independent professional advice.
Rate data is sourced from official publications and authoritative third-party providers. While we endeavour to ensure accuracy, we cannot guarantee that all data is error-free or current. Always verify rates directly with the relevant central bank or data provider before making financial decisions.
Past rate movements are not indicative of future performance. Analyst forecasts and OIS-implied rate paths are uncertain and subject to rapid change.