bn:03561283n
Noun Concept
Categories: Bank stubs, Economy of New Zealand, Interest rates, Economy of Australia, Bank of England
EN
Official bank rate  base rate  official cash rate  Bank of England base rate  base interest rate
EN
The official cash rate is the term used in Australia and New Zealand for the bank rate and is the rate of interest which the homogeneous central bank charges on overnight loans between commercial banks. Wikipedia
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EN
The official cash rate is the term used in Australia and New Zealand for the bank rate and is the rate of interest which the homogeneous central bank charges on overnight loans between commercial banks. Wikipedia
In the United Kingdom, the official bank rate is the rate that the Bank of England charges banks and financial institutions for loans with a maturity of 1 day. Wikipedia
The interest rate paid by banks in the overnight money market Wikipedia Disambiguation