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Call money rate |
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Call money rate Also called the broker loan rate , the interest rate that banks charge brokers to finance margin loans to investors. The broker charges the investor the call money rate plus a service charge. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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On July 7 the Bank of Japan guided the overnight call money rate to a historic low of 0. Limits on the call money rate in the domestic loan market, as measured by the difference between that rate and either the Euro-yen rate or the market-determined domestic rate on CDs, constrained the Japanese city banks' ability to acquire funds in the domestic interbank market for call money (see chart 1). |
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