rate of interest on deposits
21Euro Interbank Offered Rate — Euribor (Euro Interbank Offered Rate) The rate at which euro interbank term deposits within the euro zone are offered by one prime bank to another prime bank. Chicago Mercantile Exchange Glossary ( EURIBOR) Euroclear Clearing and Settlement… …
22MIBOR (Mumbai Inter-Bank Offer Rate) — MIBOR Mumbai Inter Bank Offer Rate MIBID Mumbai Inter Bank Bid Rate The Committee for the Development of the Debt Market that had studied and recommended the modalities for the development for a benchmark rate for the call money market.… …
23Eurodollar rate — USA Eurodollar rate, Also known as the LIBOR rate or Eurodollar base rate. Used to calculate the adjusted Eurodollar rate. Determined by what is shown on the Reuters Screen LIBOR 01 Page or, if not available, the rate at which US dollar deposits… …
24Eurodollar base rate — USA Eurodollar rate, Also known as the LIBOR rate or Eurodollar base rate. Used to calculate the adjusted Eurodollar rate. Determined by what is shown on the Reuters Screen LIBOR 01 Page or, if not available, the rate at which US dollar deposits… …
25base rate — 1) The rate of interest used as a basis by banks for the rates they charge their customers. In practice most customers will pay a premium over base rate on loans and will receive below the base rate on deposits with banks. 2) An informal name for …
26bid rate — / bɪd reɪt/ noun a rate of interest offered on deposits …
27Federal funds rate — In the United States, the federal funds rate is the interest rate at which depository institutions actively trade balances held at the Federal Reserve, called federal funds, with each other, usually overnight, on an uncollateralized basis.… …
28London Interbank Bid Rate - LIBID — The average interest rate which major London banks borrow Eurocurrency deposits from other banks. LIBID is calculated through a survey of London banks to determine the interest rate which they are willing to borrow large eurocurrency deposits.… …
29Net Interest Income — The difference between the revenue that is generated from a bank s assets and the expenses associated with paying out its liabilities. A typical bank s assets consist of all forms of personal and commercial loans, mortgages and securities. The… …
30Net interest income — (NII) is the difference between revenues generated by interest bearing assets and the cost of servicing (interest burdened) liabilities. For banks, the assets typically include commercial and personal loans, mortgages, construction loans and… …
