The table below illustrates that the average
Effective Federal Funds Rate at the time of prior yield curve inversions was 6.16 %, and the lowest Funds Rate at inversion was 2.94 % back in 1956.
The FED has been testing its ON RRP (Overnight Reverse Repurchase Agreement) as a tool to control
the effective Federal Funds rate at times of policy tightening / rate hike.
Not exact matches
At July 28, 2012, borrowings under the Asset - Based Revolving Credit Facility bore interest at a rate per annum equal to, at NMG's option, either (a) a base rate determined by reference to the highest of (i) a defined prime rate, (ii) the federal funds effective rate plus 1/2 of 1.00 % or (iii) a one - month LIBOR rate plus 1.00 % or (b) a LIBOR rate, subject to certain adjustments, in each case plus an applicable margi
At July 28, 2012, borrowings under the Asset - Based Revolving Credit Facility bore interest
at a rate per annum equal to, at NMG's option, either (a) a base rate determined by reference to the highest of (i) a defined prime rate, (ii) the federal funds effective rate plus 1/2 of 1.00 % or (iii) a one - month LIBOR rate plus 1.00 % or (b) a LIBOR rate, subject to certain adjustments, in each case plus an applicable margi
at a
rate per annum equal to,
at NMG's option, either (a) a base rate determined by reference to the highest of (i) a defined prime rate, (ii) the federal funds effective rate plus 1/2 of 1.00 % or (iii) a one - month LIBOR rate plus 1.00 % or (b) a LIBOR rate, subject to certain adjustments, in each case plus an applicable margi
at NMG's option, either (a) a base
rate determined by reference to the highest of (i) a defined prime
rate, (ii) the
federal funds effective rate plus 1/2 of 1.00 % or (iii) a one - month LIBOR
rate plus 1.00 % or (b) a LIBOR
rate, subject to certain adjustments, in each case plus an applicable margin.
At April 27, 2013, borrowings under the Asset - Based Revolving Credit Facility bore interest at a rate per annum equal to, at NMG's option, either (a) a base rate determined by reference to the highest of (i) a defined prime rate, (ii) the federal funds effective rate plus 1/2 of 1.00 % or (iii) a one - month LIBOR rate plus 1.00 % or (b) a LIBOR rate, subject to certain adjustments, in each case plus an applicable margi
At April 27, 2013, borrowings under the Asset - Based Revolving Credit Facility bore interest
at a rate per annum equal to, at NMG's option, either (a) a base rate determined by reference to the highest of (i) a defined prime rate, (ii) the federal funds effective rate plus 1/2 of 1.00 % or (iii) a one - month LIBOR rate plus 1.00 % or (b) a LIBOR rate, subject to certain adjustments, in each case plus an applicable margi
at a
rate per annum equal to,
at NMG's option, either (a) a base rate determined by reference to the highest of (i) a defined prime rate, (ii) the federal funds effective rate plus 1/2 of 1.00 % or (iii) a one - month LIBOR rate plus 1.00 % or (b) a LIBOR rate, subject to certain adjustments, in each case plus an applicable margi
at NMG's option, either (a) a base
rate determined by reference to the highest of (i) a defined prime
rate, (ii) the
federal funds effective rate plus 1/2 of 1.00 % or (iii) a one - month LIBOR
rate plus 1.00 % or (b) a LIBOR
rate, subject to certain adjustments, in each case plus an applicable margin.
Borrowings under our credit facility bear interest
at a per annum
rate equal to,
at our option, either (a) for LIBOR loans, LIBOR (but not less than 1.0 %) or (b) for ABR loans, the highest of (i) the
federal funds effective rate plus 0.5 %, (ii) the prime
rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offering.
ABR loans under our Cash Flow Facility bear interest
at a variable
rate equal to the applicable margin plus the highest of (i) 3.5 %, (ii) the prime
rate, (iii) the
federal funds effective rate plus 0.5 %, and (iv) the adjusted LIBOR
rate plus 1.0 %.
ABR loans bear interest
at a variable
rate equal to the applicable margin plus the highest of (i) the prime
rate, (ii) the
federal funds effective rate plus 0.5 %, and (iii) the Eurodollar
rate plus 1.0 %, but in any case
at a minimum
rate of 3.25 % per annum.
Borrowings under our credit facility bear interest
at a per annum
rate equal to,
at our option, either (a) for LIBOR loans, LIBOR (but not less than 1.0 % for the term loan only) or (b) for ABR loans, the highest of (i) the
federal funds effective rate plus 0.5 %, (ii) the prime
rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offering.
During the financial crisis the implementation date was moved forward to October 2008, the Fed's hope
at the time having been that a positive interest
rate on excess reserves (IOER) would establish a new, above zero «floor» for the
effective federal funds rate.
It is set every 14 days
at the average of the daily
effective federal funds rate and the three - month CD
rate over the previous 14 days, meaning it's affected by market interest
rates.