Short-Term Interest Rate

(redirected from Money Market Rate)
Also found in: Acronyms.

Short-Term Interest Rate

The interest rate on a loan or other obligation with a maturity of less than one year. A commonly followed short-term interest rate is the rate on a Treasury bill. Short-term interest rates are also called money market rates.
References in periodicals archive ?
Section 3 describes how changes in money market rates may reflect the degree of predictability.
Chart 3 compares actual movements in the three-month money market rate with the implied forward rate calculated on the basis of market rates observed three months earlier.
Forward money market rates are also at lows, pinned by expectations of a further rise in surplus cash when the ECB starts pumping out new four-year loans from September.
With this account, direct banking customers can earn money market rates regardless of the balance.
But although money market rates have since fallen back, very little of the drop has been passed on to new borrowers taking out fixed-rate deals.
Domestic money market rates have positively responded to monetary stimulus and the recent global easing in interbank rates," Sama said.
These offering form part of a co-ordinated campaign by central banks round the world to drive down historically high money market rates caused by the unwillingness of banks to lend to each other except very briefly for fear of losing their money.
Higher money market rates resulting from the credit crunch threatened to lift the monthly out-goings for many of these borrowers.
In studying daily money market rates for the 1993-2003 period, the authors find that money market linkages have strongly increased with the arrival of the EMU.
The Federal Reserve does this by collapsing money market rates and enticing investors back into riskier assets.
The firms are able to pay five percent as money market rates are rising.
Currency exchange and money market rates, which are in constant flux, can be fed directly into formulas or charts and refreshed to keep spreadsheets updated automatically.