Benchmark: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Link with LIBOR page.) |
imported>Doug Williamson (Link with European Money Markets Institute page.) |
||
Line 34: | Line 34: | ||
* [[Effective annual rate]] | * [[Effective annual rate]] | ||
* [[EURIBOR]] | * [[EURIBOR]] | ||
* [[European Money Markets Institute]] | |||
* [[LIBOR]] | * [[LIBOR]] | ||
* [[Spread to Treasury/ Governments]] | * [[Spread to Treasury/ Governments]] | ||
[[Category:Compliance_and_audit]] | [[Category:Compliance_and_audit]] |
Revision as of 19:09, 14 May 2017
1.
A measure stated on a standardised basis, to enable comparison.
For example, an effective annual rate.
2.
A quantified standard of performance set by the market (such as stock market index) or by an institutional investor (such as an internally developed benchmark) against which investment performance, or other performance, can be managed and tracked.
3.
A standard of performance including less readily quantified measures, such as satisfaction.
4.
An officially published rate of interest, from which a rate of interest payable or receivable is calculated.
For example, LIBOR.
A related rate of interest payable might be LIBOR + 1%.