reference rate

In the credit derivative market a similar concept to reference rates is used.

Parties to the contract choose a reference rate that neither party has power to manipulate.

Up until the mid-1980s, the Treasury bill rate was the leading reference rate.

The reference rate is fixed one or two days before the effective date, dependent on the market convention for the particular currency.

It can depend on a reference rate, the total return of a swap, an economic statistic, etc.

It was widely used as a reference rate for company loans and housing loans.

Another example is that of swap reference rates for constant maturity swaps.

This is calculated using reference rates, which refer to the Bank of England base rate for a given period.

The reference rate on the interbank market had risen to 75 percent early on Monday.

Examples of reference rates for short term interest rates are:

At the beginning of each coupon period, the rate is calculated by adding the spread with the reference rate.

Efficient functioning of the markets for such instruments relies on well-established and stable reference rates.

The reference rate and the frequency at which the rate is reset are contractually set.

The Libor is widely used as a reference rate for many financial instruments in both financial markets and commercial fields.

You can calculate the interest payable on overdue bills by taking the relevant reference rate and adding 8 per cent.

Mr. Ortiz said such a reference rate would be made public next month when the Government presented its budget to Congress.

Simple margin is defined as the average return on the FRN throughout its life compared with the reference rate of interest.

In the wholesale markets, FRNs are typically quoted as a spread over the reference rate.

Rates for calculating interest are called reference rates and are fixed for six-month periods.

The rate can be computed by taking its set stated rate and subtracting the reference rate at the reset date.

It is the reference rate for JPY overnight unsecured transactions in the Japanese market.

Specifically, it is the ratio of metabolic rate during a specific physical activity to a reference rate of metabolic rate at rest.

Successful monetary policy transmission thus requires a linkage between the Fed's operating targets and interbank lending reference rates such as Libor.

The coupon leverage is 2, in this example, and the reference rate is the 1-month LIBOR.

From 9 October to 5 November, the European Central Bank quoted a reference rate of 305 krónur to the euro.