Initially banks will pay zero percent interest, the new
main benchmark rate.
Not exact matches
Trading activity in this contract, the
main benchmark for short - term interest
rates in Europe, had been depressed for years due to the monetary policy environment in Europe.
In the U.S., the level of trading activity in Eurodollar futures, the
main benchmark for short - term
rates, did not increase, but the mid-curve options on Eurodollar futures did.
Currently, the bank's
main benchmark interest
rate is at a record low of zero.
There are three
main points I would like you to take away with you concerning interest
rate benchmarks.
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