Difference between revisions of "Quoted rate"

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A rate expressed on the basis which is conventional in the market in which the parties are dealing or proposing to deal.
 
A rate expressed on the basis which is conventional in the market in which the parties are dealing or proposing to deal.
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For example, in relation to interest rates in wholesale markets:
 
For example, in relation to interest rates in wholesale markets:
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== See also ==
 
== See also ==
 
* [[Day count conventions]]
 
* [[Day count conventions]]
* [[Nominal annual rate]]
 
* [[Short term]]
 
* [[Longer term]]
 
 
* [[Effective annual rate]]
 
* [[Effective annual rate]]
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* [[Longer term]]
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* [[Nominal annual rate]]
 
* [[Semi-annual rate]]
 
* [[Semi-annual rate]]
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* [[Short term]]
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[[Category:The_business_context]]
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[[Category:Manage_risks]]
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[[Category:Financial_products_and_markets]]
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[[Category:Liquidity_management]]

Latest revision as of 17:23, 25 August 2019

A rate expressed on the basis which is conventional in the market in which the parties are dealing or proposing to deal.


For example, in relation to interest rates in wholesale markets:

  • Short-term quoted rates are almost always nominal annual rates, either on a 360-day or 365-day basis
  • Longer-term rates are usually effective annual rates
  • Exceptions include the quotation of semi-annual rates in relation to many types of bond


See also