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Bill Rate

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Bill Rate
1. The amount that a company or professional charges per hour of work. For example, the bill rate for an attorney may be $300 per hour.

2. The interest rate on a debt security with a maturity of one year or less.


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REQUIRED REVENUE = SALARY + EXPENSES REQUIRED REVENUE = $75,000 + $2,500 = $77, 500 HOURLY BILL RATE = REQUIRED REVENUE / BILLABLE HOURS BILL RATE = $77,500 / 1,320 = $58.
Since October 2008, the bank started pumping liquidity into the market and implementing auditing adjustments to ease leasing activity and also went ahead with five bill rate cuts.
Given the policy implications of the information, on the magnitude of pass through and the lag structure with which the policy rate influences different market rates, this Paper seeks to measure the pass-through of the changes in six month Treasury bill rate to six month KIBOR, six month weighted average deposit rate and weighted average lending rate.
 
 
 
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