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.
Moscow: Money market rates
last year predominantly stayed near the Bank of Russia key rate.
4billion on Thursday, dealers expect money market rates
to remain at similar levels as the Central Bank of Nigeria (CBN) is anticipated to mop-up the liquidity via OMO auction.
It is believed that the UAE central bank is planning to make changes to the way in which banks quote indicative money market rates
We would like to influence money market rates
to more closely follo the BSP rate which is the RRP (reverse repurchase) rate and we will be using single instrument for OMO and this is the TDF," said Tetangco.
Eurozone money market rates
fell to new lows on Tuesday and German Bunds held near a record one per cent yield as the region's weak recovery and Russian sanctions reinforced expectations the European Central Bank would loosen monetary policy.
6 interval by employing a managed floating FX regime; the variation interval would have been 4-5 in case of free floating FX regime; the costs for a rather stable RON were quite large fluctuations of money market rates
-The volatility of the RON could increase in the future -The governor is concerned about weak economic growth,but the NBR will continue to pursue the stability of pricesand is not ready to cut rates aggressively -A resumption of economic growth based solely onhousehold consumption should be avoided, because C/Adeficit is still high at around 4% of GDP -Heavy bond issuance of the MinFin in January put pressure on money market rates
Money market rates
for account balances of $100,000 or more earn an APY of 1.
Higher money market rates
resulting from the credit crunch threatened to lift the monthly out-goings for many of these borrowers.
Yorkshire Building Society has responded to recent reductions in money market rates
, the wholsesale cost of money, by cutting rates on its two-year fixed mortgages.
The Federal Reserve does this by collapsing money market rates
and enticing investors back into riskier assets.