Reference rate: Difference between revisions
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imported>Doug Williamson (Add links.) |
imported>Doug Williamson (Add link.) |
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==See also== | ==See also== | ||
*[[Adjustable-rate mortgage]] | |||
*[[ARRC]] | *[[ARRC]] | ||
*[[Base rate]] | *[[Base rate]] | ||
Revision as of 11:26, 26 October 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.
