Base rate - Revision history

imported>Doug Williamson: Add link.

2023-06-27T20:49:52Z

Add link.

2022-04-14T10:11:07Z

Layout.

← Older revision		Revision as of 10:11, 14 April 2022
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	1. ''Reference rates''		1. ''Reference rates.''

	Generally, a base rate is a widely recognised and quoted interest rate - such as the Fed funds rate, the prime rate, or SONIA - by reference to which a rate of interest is calculated.		Generally, a base rate is a widely recognised and quoted interest rate - such as the Fed funds rate, the prime rate, or SONIA - by reference to which a rate of interest is calculated.
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	2. ''Central bank rates''		2. ''Central bank rates.''

	More particularly, a central bank rate may be known as Base Rate.		More particularly, a central bank rate may be known as Base Rate.

2022-04-14T10:10:40Z

Replace broken link.

← Older revision		Revision as of 10:10, 14 April 2022
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	This is normally the rate at which the central bank will lend overnight funds, commonly of a secured basis, to financial institutions.		This is normally the rate at which the central bank will lend overnight funds, commonly of a secured basis, to financial institutions.

	By changing this Base Rate, the central bank may hope to influence market rates generally. It seems that anticipated changes to Base Rate are one of the largest influences on movements in general market interest rates between actual Base Rate changes~~<ref>~~Paul Mizen and Boris Hofmann ~~[http://www.bankofengland.co.uk/archive/Documents/historicpubs/workingpapers/2002/wp170.pdf~~ "Working Paper No 170: Base rate pass-through: evidence from banks' and building societies' retail rates"], London, 2002, ISSN 1368-5562~~. Retrieved on 21 July 2014.</ref>~~.		By changing this Base Rate, the central bank may hope to influence market rates generally. It seems that anticipated changes to Base Rate are one of the largest influences on movements in general market interest rates between actual Base Rate changes (Paul Mizen and Boris Hofmann - "Working Paper No 170: Base rate pass-through: evidence from banks' and building societies' retail rates" - London, 2002, ISSN 1368-5562).


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	* [[Reference bank]]		* [[Reference bank]]
	* [[SONIA]]		* [[SONIA]]


	~~==References==~~

	~~<references />~~

	[[Category:Manage_risks]]		[[Category:Manage_risks]]

2022-02-16T12:40:43Z

Update for LIBOR transition.

← Older revision		Revision as of 12:40, 16 February 2022
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	1. ''Reference rates''		1. ''Reference rates''

	Generally, a base rate is a widely recognised and quoted interest rate - such as the Fed funds rate, the prime rate, or ~~LIBOR~~ - by reference to which a rate of interest is calculated.		Generally, a base rate is a widely recognised and quoted interest rate - such as the Fed funds rate, the prime rate, or SONIA - by reference to which a rate of interest is calculated.

	More properly, these are a "reference rate" or a "benchmark rate". These terms avoid confusion with Base Rate (see below).		More properly, these are a "reference rate" or a "benchmark rate". These terms avoid confusion with Base Rate (see below).

	For example, in the phrase ~~‘LIBOR~~ plus 50 basis points’, ~~LIBOR~~ is the base (reference) rate.		For example, in the phrase ‘SONIA plus 50 basis points’, SONIA is the base (reference) rate.


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	* [[Official Bank Rate]]		* [[Official Bank Rate]]
	* [[Reference bank]]		* [[Reference bank]]
			* [[SONIA]]

2017-05-06T13:06:21Z

Link with Benchmarks Regulation page.

2016-11-16T21:39:23Z

Layout.

← Older revision		Revision as of 21:39, 16 November 2016
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	1. ''Reference rates''.		1. ''Reference rates''

	Generally, a base rate is a widely recognised and quoted interest rate - such as the Fed funds rate, the prime rate, or LIBOR - by reference to which a rate of interest is calculated.		Generally, a base rate is a widely recognised and quoted interest rate - such as the Fed funds rate, the prime rate, or LIBOR - by reference to which a rate of interest is calculated.
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	2. ''Central bank rates''.		2. ''Central bank rates''

	More particularly, a central bank rate may be known as Base Rate.		More particularly, a central bank rate may be known as Base Rate.

2016-08-07T11:56:34Z

Layout.

← Older revision		Revision as of 11:56, 7 August 2016
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	1. ''Reference rates''		1. ''Reference rates''.

	Generally, a base rate is a widely recognised and quoted interest rate - such as the Fed funds rate, the prime rate, or LIBOR - by reference to which a rate of interest is calculated.		Generally, a base rate is a widely recognised and quoted interest rate - such as the Fed funds rate, the prime rate, or LIBOR - by reference to which a rate of interest is calculated.
Line 8:		Line 8:


	2. ''Central bank rates''		2. ''Central bank rates''.

	More particularly, a central bank rate may be known as Base Rate.		More particularly, a central bank rate may be known as Base Rate.

2016-08-07T11:56:11Z

Add link.

2016-08-07T11:55:15Z

Add link.

2016-05-19T06:17:42Z

Add link.