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Home > QFINANCE Dictionary > Definition of reference rate

Definition of

reference rate


rate used as benchmark a benchmark interest rate, for example, a bank's own set rate or the London Interbank Offered Rate. Lending rates are often expressed as a margin over a reference rate.

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Definitions of ’reference rate’ and meaning of ’reference rate’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’reference rate’ and other financial terms with our online QFINANCE Financial Dictionary.

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