Interest rate transformation

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Revision as of 22:33, 26 February 2020 by imported>Doug Williamson (Classify page.)
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Interest rate transformation is the essential economic function of banks and other intermediaries, which enables both borrowers and investors to meet their differing preferences in relation to interest rates.

For example, a bank take deposits on a floating interest rate basis, and lend funds to a borrower on a fixed rate basis.


See also