How To Use Bank rate In A Sentence
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Bank Rate was the rate at which discount houses could borrow from the Bank in order to meet any shortage of liquidity.
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These are very similar to the Euribor interbank rate for one week to three months, which currently is about 2.1 per cent.
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Over the last two years the bank rates have been cut sizeably, as the inflation rates were low and the bank rates were pruned to match with the real interest rates.
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The bank rate sets the trend for home, vehicle and other consumer loans.
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The AAA noteholders get a return of 0.58 per cent return over the euro interbank rate (Euribor).
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Bank Rate was the rate at which discount houses could borrow from the Bank in order to meet any shortage of liquidity.
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Short-term interbank rates have kicked up; the one-week rate rose to 4.6% in early June from 3% at the beginning of May, helping to explain the PBOC's move to ease money-market conditions.
Test of Nerve on China's Inflation
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There were little movements in the overnight interbank rates and the borrowing rate averaged 15 percent for most of the week.
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Prior to the introduction of nine months in a row the central bank rate hike policy.
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Whereon the bank rate fell sharply and it cost us thousands to buy out of the duff deal.
Times, Sunday Times
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Mr. Tan's role at RBS as specified in the documents included providing the bank's rate setters with input in relation to various short-term interbank rates for submission to various interest rate fixing bodies, such as the British Bankers' Association, or BBA, which sets the Libor rate.
Ex-RBS Singapore Trader Sues Bank for Wrongful Dismissal
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Horses Mouth February 22, 2007 4:57 PM
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With Fed's low interest rates quickly driving up bank rate spreads, the market ought to rebuild and rebound quickly thereafter.
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The bank rate, which garners much attention as an indicator of the health and direction of the economy, is a compound interest rate.
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The Central Bank figures are calculated using interbank rates, not the European Central Bank rates.
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In ordinary times, banks usually benefit strongly from interbank rate cuts by the Fed because they lower their cost of funds.
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Seeking to arrest or reverse the pound's fall would only have been feasible had we baulked at cutting bank rate to 0.5% in early 2009 as part of the co-ordinated global action to avoid a second Great Depression.
King to Osborne: be patient, trust us, and keep fingers crossed
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The interest rate chargeable for late payment is the European Central Bank rate plus 7 percentage points.
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Kindly note that drafts are payable with interest for up to 90 days calculated at issuing bank rate per annually prevailing at the date of acceptance, such interest being for Buyer's account.
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The bank rate sets the trend for home, vehicle and other consumer loans.
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The bank rate sets the trend for home, vehicle and other consumer loans.
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Over the last two years the bank rates have been cut sizeably, as the inflation rates were low and the bank rates were pruned to match with the real interest rates.
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Bank Rate was the rate at which discount houses could borrow from the Bank in order to meet any shortage of liquidity.
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The clearing banks used to change their interest rates on advances and deposits automatically by the same amount that Bank rate changed.
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HSBC Holdings PLC's Hong Kong unit offered mortgages with lending rates based on short-term interbank rate, with the effective lending rate below 1%.
HKMA Warns on Rates
