Reference rate: Difference between revisions

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imported>Doug Williamson
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*[[OBFR]]
*[[OBFR]]
*[[Official Bank Rate]]
*[[Official Bank Rate]]
*[[SOFR]]
*[[SONIA]]
*[[SONIA]]
*[[Zero rate provision]]
*[[Zero rate provision]]

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.


See also