imported>Doug Williamson |
imported>Doug Williamson |
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| 1. ''Comparative measure.'' | | 1. |
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| A measure stated on a standardised basis, to enable comparison.
| | An asset provided as security for a debt. |
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| For example, an effective annual rate.
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| 2. ''Standards of performance - quantitative.''
| | Security provided in respect of a financial transaction, such as a swap. |
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| 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.
| | Collateral is normally provided in the form of cash or readily marketable securities. |
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| 3. ''Standards of performance - qualitative.''
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| A standard of performance including less readily quantified measures, such as satisfaction.
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| 4. ''Interest rates''.
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| An officially published rate of interest, from which a rate of interest payable or receivable is calculated.
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| For example, SONIA.
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| A related rate of interest payable might be SONIA + 1%.
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| 5. ''Interest rates''.
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| More broadly, any rate of interest, from which another rate of interest payable or receivable is calculated.
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| 6. ''Market price''.
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| A market price for a widely traded quality and quantity of a commodity, used as a reference price in a contract.
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| For example, the price per barrel of Brent crude oil.
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| == See also == | | == See also == |
| * [[Alternate Base Rate]] | | * [[Caps]] |
| * [[Alternative reference rate]] | | * [[Collateral transformation]] |
| * [[Baseline]]
| | * [[Credit support annex]] |
| * [[Base rate]]
| | * [[Derivative instrument]] |
| * [[Benchmarking]]
| | * [[Eligible collateral]] |
| * [[Benchmarks Regulation]]
| | * [[Encumbrance]] |
| * [[Climate benchmark]]
| | * [[Haircut]] |
| * [[Commodity]]
| | * [[ISDA Master Agreement]] |
| * [[Credit Benchmark]] | | * [[Liquidity insurance]] |
| * [[Effective annual rate]]
| | * [[Liquidity upgrade]] |
| * [[€STR]]
| | * [[Margin]] |
| * [[EURIBOR]]
| | * [[Post]] |
| * [[European Money Markets Institute]] | | * [[Repurchase agreement]] |
| * [[Fallback]] | | * [[Risk mitigation]] |
| * [[Financial Stability Board]] | | * [[Secured debt]] |
| * [[Fixing]] | | * [[Security]] |
| * [[Good practice]] | | * [[Collateral agreement]] |
| * [[LIBOR]] | | * [[Bilateral repurchase agreement]] |
| * [[Price fixing]] | | * [[Tri-party repurchase agreement]] |
| * [[Rate fixing]] | | * [[Unencumbered]] |
| * [[Reference rate]] | |
| * [[Refinitiv Benchmark Services (UK) Limited]] (RBSL) | |
| * [[Risk-free rates]] | |
| * [[SONIA]] | |
| * [[Spread to Treasury/ Governments]] | |
| * [[Stakeholder]] | |
| * [[Sterling]] | |
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| ==Other links==
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| *[https://www.bankofengland.co.uk/markets/transition-to-sterling-risk-free-rates-from-libor/working-group-on-sterling-risk-free-reference-rates Working Group of Sterling Risk-Free Reference Rates - latest announcements & publications] | |
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| *[https://www.treasurers.org/hub/technical/practical-guide-libor A Practical Guide to LIBOR transition - Slaughter & May - Association of Corporate Treasurers]
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| *[[Media:Slaughter and May interest rate benchmarks.pdf| 2021: A Benchmark Odyssey, Practical Guidance for Treasurers on interest rate benchmarks, Slaughter and May]]
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| *[https://www.bankofengland.co.uk/markets/sonia-benchmark SONIA and other benchmarks] | |
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| *[https://www.newyorkfed.org/medialibrary/Microsites/arrc/files/2018/ARRC-Second-report ARRC: Second Report]
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| *[https://www.rba.gov.au/mkt-operations/resources/interest-rate-benchmark-reform.html Interest rate benchmark reform in Australia - Reserve Bank of Australia (RBA)]
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| [[Category:The_business_context]] | | [[Category:Long_term_funding]] |
| [[Category:Compliance_and_audit]] | | [[Category:Risk_frameworks]] |
| [[Category:Financial_products_and_markets]]
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