Short-Term Interest Rate

(redirected from Money Market Rates)

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 ?
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.
A cut in the key rate seems in principle the best option if the ECB wants to guarantee short-term money market rates close to zero.
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.
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.
The policy was aimed at keeping the balance high with money market rates held down close to zero.
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.