Reference rate: Difference between revisions
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imported>Doug Williamson (Create the page. Sources: linked pages.) |
imported>Doug Williamson (Add link.) |
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==See also== | ==See also== | ||
*[[ARRC]] | |||
*[[LIBOR]] | *[[LIBOR]] | ||
*[[Loan agreement]] | *[[Loan agreement]] | ||
*[[Zero rate provision]] | *[[Zero rate provision]] | ||
Revision as of 21:06, 22 June 2016
A widely recognised and quoted interest rate - such as the Fed funds rate, the prime rate, or LIBOR - by reference to which a rate of interest is calculated.
For example, in the rate ‘LIBOR plus 50 basis points’, LIBOR is the reference rate.
