Base rate and SI: Difference between pages

Revision as of 14:20, 23 October 2012

Statutory Instrument.

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-A widely recognised and quoted interest rate - such as the Fed funds rate, the prime rate, or the London Inter Bank Offered Rate (LIBOR) - by reference to which a rate of interest is calculated.
+Statutory Instrument.
-For example, ‘LIBOR plus 50 basis points’.
 == See also ==
-* [[LIBOR]]
+* [[Statutory instrument]]