Reference rate: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Update link.) |
(Add link.) |
||
| (2 intermediate revisions by one other user not shown) | |||
| Line 1: | Line 1: | ||
A reference rate is a widely recognised and quoted interest rate - such as the Fed funds rate, the prime rate, or | A reference rate is a widely recognised and quoted interest rate - such as the Fed funds rate, the prime rate, or SONIA - by reference to which a rate of interest is calculated. | ||
For example, in the rate | For example, in the rate ‘SONIA plus 50 basis points’, SONIA is the reference rate. | ||
| Line 8: | Line 8: | ||
*[[ARRC]] | *[[ARRC]] | ||
*[[Base rate]] | *[[Base rate]] | ||
*[[Benchmark]] | |||
*[[€STR]] | *[[€STR]] | ||
*[[Fallback]] | *[[Fallback]] | ||
| Line 14: | Line 15: | ||
*[[OBFR]] | *[[OBFR]] | ||
*[[Official Bank Rate]] | *[[Official Bank Rate]] | ||
*[[SOFR]] | |||
*[[SONIA]] | |||
*[[Zero rate provision]] | *[[Zero rate provision]] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category:Financial_products_and_markets]] | [[Category:Financial_products_and_markets]] | ||
Latest revision as of 19:15, 22 June 2024
A reference rate is a widely recognised and quoted interest rate - such as the Fed funds rate, the prime rate, or SONIA - by reference to which a rate of interest is calculated.
For example, in the rate ‘SONIA plus 50 basis points’, SONIA is the reference rate.
