Benchmark: Difference between revisions
imported>Doug Williamson (Add ACT LMA guidance March 2018.) |
imported>Doug Williamson m (Update links.) |
||
| Line 34: | Line 34: | ||
* [[Benchmarking]] | * [[Benchmarking]] | ||
* [[Benchmarks Regulation]] | * [[Benchmarks Regulation]] | ||
* [[Effective annual rate]] | * [[Effective annual rate]] | ||
* [[EURIBOR]] | * [[EURIBOR]] | ||
* [[European Money Markets Institute]] | * [[European Money Markets Institute]] | ||
* [[Financial Stability Board]] | * [[Financial Stability Board]] | ||
* [[Good practice]] | |||
* [[LIBOR]] | * [[LIBOR]] | ||
* [[Risk-free rates]] | * [[Risk-free rates]] | ||
Revision as of 14:55, 4 August 2018
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.
Historically, for example, LIBOR.
A related rate of interest payable might be LIBOR + 1%.
The Financial Stability Board (FSB) recommended in 2014 that stakeholders should identify risk-free rates that might be used as alternatives to LIBOR.
See also
- Alternate Base Rate
- Baseline
- Base rate
- Benchmarking
- Benchmarks Regulation
- Effective annual rate
- EURIBOR
- European Money Markets Institute
- Financial Stability Board
- Good practice
- LIBOR
- Risk-free rates
- Spread to Treasury/ Governments
- Stakeholder
Other links
The future of LIBOR: what you need to know, ACT & LMA, March 2018
