Term rate: Difference between revisions

Latest revision as of 14:26, 27 April 2022

Interest rates.

A term rate is an interest rate for a predetermined future term.

The term is usually a medium or longer-term one.

@@ Line 4: / Line 4: @@
 The term is usually a medium or longer-term one.
-:<span style="color:#4B0082">'''''Term RFRs are required'''''</span>
-:"Currently, all RFRs are overnight rates only, although some market participants and products require or desire term rates.
-:According to the milestones and timelines set out by the RFR working group, a term SONIA rate will be launched in the second half of 2019.
-:There are similar plans in place for other currency RFRs, albeit with different time frames.
-:An alternative to using a term SONIA could be the increased use of the Bank of England Base Rate (or currency equivalents) in certain products."
-:''The Treasurer magazine, Cash Management Edition April 2019 p29, Lloyds Bank.''
@@ Line 24: / Line 11: @@
 * [[Currency]]
 * [[RFR]]
+* [[SOFR term rate]]
 * [[SONIA]]
 * [[Term]]
 * [[Term fixing]]
-* [[The Working Group on Sterling Risk-Free Reference Rates]]
+* [[Term SONIA reference rate]] (TSRR)
+* [[Working Group on Sterling Risk-Free Reference Rates]]
 [[Category:Corporate_financial_management]]