Reference bank: Difference between revisions
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A prime bank whose quotations for deposits in a money market are used by an agent bank in determining the interest rate on a floating rate loan or instrument. | A prime bank whose quotations for deposits in a money market are used by an agent bank in determining the interest rate on a floating rate loan or instrument. | ||
== See also == | == See also == | ||
* [[Agent bank]] | * [[Agent bank]] | ||
* [[Alternate base rate]] | |||
* [[Base rate]] | |||
* [[Prime bank]] | * [[Prime bank]] | ||
Revision as of 06:13, 19 May 2016
A prime bank whose quotations for deposits in a money market are used by an agent bank in determining the interest rate on a floating rate loan or instrument.
