UK shares
Our charges for carrying a position each night (aka "rolling", "financing") is:
LONG = SONIA + 2.5%
SHORT = SONIA -2.5% (minus any 'borrow' costs)
The Financing rates in the table below are shown as an annual percentage (365 day year).
The Dividend is shown as a USD amount that you PAY if you are SHORT.
If you are LONG you will RECEIVE 100% (since UK withholding tax is 0%).
| Name | Financing LONG (% per year) | Financing SHORT (% per year) |
|---|---|---|
| Barclays | -2.9 | -2.1 |
| BAT | -2.9 | -2.1 |
| BP | -2.9 | -2.1 |
| EasyJet | -2.9 | -2.1 |
| GlaxoSmith | -2.9 | -2.1 |
| HSBC | -2.9 | -2.1 |
| Lloyds | -2.9 | -2.1 |
| RioTinto | -2.9 | -2.1 |
| RollsRoyce | -2.9 | -2.1 |
| Shell | -2.9 | -2.1 |
| Taylor | -2.9 | -2.1 |
| TedBaker | -2.9 | -2.1 |
| Vodafone | -2.9 | -2.1 |
| ReckittBen | -2.9 | -2.1 |
| AstraZeneca | -2.9 | -2.1 |
| Glencore | -2.9 | -2.1 |
| Diageo | -2.9 | -2.1 |
| Tesco | -2.9 | -2.1 |
| Morrison | -2.9 | -2.1 |
| MS | -2.9 | -2.1 |
| RoyalMail | -2.9 | -2.1 |
| IAG | -2.9 | -2.1 |
| BT | -2.9 | -2.1 |
| ITV | -2.9 | -2.1 |
| Aviva | -2.9 | -2.1 |
| LegalGen | -2.9 | -2.1 |
| NatGrid | -2.9 | -2.1 |
| BAE | -2.9 | -2.1 |
What is short borrowing?
This is the practice of borrowing shares, to then sell them. When borrowing shares there is a cost attached, this will vary dependent on the availability to borrow the underlying share. In most cases there will be no borrowing costs.