Key Rate


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Key Rate

An interest rate that a bank uses to determine the interest rates it charges borrowers and pays depositors. Common key rates include the fed funds rate, the fed discount rate, and the LIBOR.
References in periodicals archive ?
The central bank of Kazakhstan has announced that it has introduced a new key rate, Reuters reported.
The central bank said, Preliminary indicators, as measured in January, also point towards the retention of this trend, including that with rise of its key rate it started withdrawal of the accommodative monetary policy, provided that the aforementioned trends are maintained in coming months.
The ECB kept its key rate unchanged at a record-low 0.
Bank of Korea, which cut the key rate five times since October 9, had made a full percentage point reduction last month.
Money market rates are influenced by expectations about future developments in Norges Bank's key rate.
Distance of transmission and the underlying key rate are the most important variables in defining the quality of implementation for quantum cryptography products.
Then this week the Federal Reserve Board sliced its key rate a half percentage point and this, too, will eventually play into the mortgage rate picture.
The deposit rate is Norges Bank's key rate, and forms the floor for short money market rates.
Lastly, a new key rate durations report enables insurance companies to respond more effectively to the Standard & Poor's Financial Products Company (FPC) Model.
The central bank had cut its key rate to 14 percent last week.
Our current base case scenario is consistent with a 25bp cut in the key rate in November but we do not rule out the beginning of an easing cycle in 3Q13.
Speaking at a news conference after the rate cut decision, ECB President Jean-Claude Trichet said the key rate of 1.