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Call Loan Rate

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Call loan rate

Call Loan Rate
The interest rate at which brokers make loans to clients in order to finance margin accounts. The call loan rate may be changed on a daily basis, and the call loans themselves may be canceled on 24 hours' notice. See also: Broker loan rate.


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Market sources attributed the high call loan rate to credit squeeze fears as well as growing fund demand toward banks' book closings for the fiscal first half to the end of this month.
TOKYO, June 9 Kyodo The weighted average of unsecured overnight call loan rates dropped to zero for the first time in the Tokyo market Monday, money traders said.
Under the zero interest rate policy of pegging the call loan rate close to zero, life insurers had kept funds in ordinary deposits with a higher interest rate of 0.
 
 
 
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