Bid Rate

Bid Rate

The highest exchange rate at which a buyer is willing to buy a currency. See also: Bid.
References in periodicals archive ?
In view of these developments, the Monetary Policy Committee has decided to keep the minimum bid rate for liquidity injection tenders at 2.
are expected to drop, while the domestic spot bid rate [S.
The ad request has ad criteria like bid rate, ad categories, targeting options, ad type, ad size, vendors and other ad requirements.
The minimal bid rate for this instrument is set at 5.
13% compared to the benchmark seven day London Interbank Bid Rate (LIBID) of 0.
To date, the company has tallied a successful bid rate of one out of seven for insolvent lenders.
25%, the maximum bid rate for 28-day certificates of deposit (CDs) is 4.
Similarly, the maximum bid rate for 28-day certificates of deposit (CDs) and the seven-day collateralized rate were lowered by one percentage point each, to 4.
The ECB set a fixed rate of four per cent for the transaction, the same level as its benchmark lending rate, a move designed to "align short-term interest rates with the minimum bid rate," a bank statement said.
5) The WAM is "the bid rate for the stumpage of various species of timber covered by the sale" (6) and was described in the prospectus as "the volume of each biddable species multiplied by its bid rate.
A minimum bid rate is determined by the level of the overnight indexed swap (OIS) rate near the time of the auction.
The refinancing rate represents the minimum bid rate on the ECB's main weekly refinancing operations.