From ACT Wiki
(Difference between pages)
imported>Doug Williamson |
imported>Doug Williamson |
| Line 1: |
Line 1: |
| ''Interest rates - market rates - wholesale.''
| | #Based in, or relating to, another country. |
| | #More narrowly, relating to foreign countries which need a sea crossing to reach physically. |
|
| |
|
| Any method of paying interest that is periodically refixed in line with the current market rate.
| |
|
| |
|
| Floating rate interest is not fixed for the life of the issue, but is periodically reset according to a predetermined formula.
| | ==See also== |
| | | *[[Foreign tax credit]] |
| Floating rate debt, for example, carries an interest rate which will vary as market interest rates vary.
| |
| | |
| | |
| There is a time lag between the setting of the rate for each tranche of interest at the ''start'' of the interest calculation period, and its payment at the ''end'' of the interest period.
| |
| | |
| | |
| == See also == | |
| * [[Basis swap]] | |
| * [[Drop-lock bond]]
| |
| * [[Exposure period]]
| |
| * [[Fixed debt]]
| |
| * [[Fixed rate]]
| |
| * [[Floating debt]]
| |
| * [[Floating exchange rate system]]
| |
| * [[Floating rate payer]]
| |
| * [[Standard variable rate]]
| |
| * [[Variable rate]]
| |
| * [[Wholesale]]
| |
| | |
| [[Category:Corporate_financial_management]]
| |
Revision as of 09:54, 28 March 2016
- Based in, or relating to, another country.
- More narrowly, relating to foreign countries which need a sea crossing to reach physically.
See also
