Dim sum bond and Official Bank Rate: Difference between pages

Revision as of 11:41, 29 October 2016

1.

UK.

The official reference interest rate for the UK determined by the Bank of England's Monetary Policy Committee (MPC).

The Official Bank Rate is the rate used for certain key transactions between the Bank of England and financial institutions.

It is designed to have the effect of determining the level of near risk-free interest rates throughout the UK financial sector.

It is used by many financial institutions when setting interest rates for certain of their products.

The Official Bank Rate is often known as the 'Bank of England Base Rate' (BBR).

2.

Similar interest rates in other jurisdictions.

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-A bond denominated in Chinese renminbi, but issued and settled outside the People's Republic of China (PRC).
+.
-Initially the issuers were the PRC and Hong Kong banks.
+''UK.''
-As Chinese restrictions eased somewhat from 2010, Chinese non-financial companies (corporates), foreign banks, foreign corporates and eventually foreign regional governments and sovereigns also made issues.
+The official reference interest rate for the UK determined by the Bank of England's Monetary Policy Committee (MPC).
+The Official Bank Rate is the rate used for certain key transactions between the Bank of England and financial institutions.
-The offshore Chinese renminbi is known as CNH.
+It is designed to have the effect of determining the level of near risk-free interest rates throughout the UK financial sector.
+It is used by many financial institutions when setting interest rates for certain of their products.
+The Official Bank Rate is often known as the 'Bank of England Base Rate' (BBR).
+.
+Similar interest rates in other jurisdictions.
 == See also ==
-* [[Bulldog bond]]
+* [[Bank of England]]
-* [[China]]
+* [[Bank Rate]]
-* [[Formosa bond]]
+* [[Base rate]]
-* [[Hong Kong]]
+* [[Monetary Policy Committee]]
-* [[Panda bond]]
+* [[MLR]]
-* [[Samurai bond]]
+* [[Reference rate]]
-*.[[Sovereign]]
-* [[Yankee bond]]
-* [[Yuan renminbi]]