Asked by Itzamar Gutierrez on May 22, 2024
Verified
What interest rate have US regulators proposed be the new short term benchmark rate?
A) SONIA
B) LIBOR
C) Tokyo Interbank rate
D) Euribor
E) US Treasury Repo
US Treasury Repo
A form of short-term borrowing for dealers in government securities, using U.S. Treasury securities as collateral.
SONIA
The Sterling Overnight Index Average, an important interest rate benchmark in the UK that represents the average of interest rates banks pay to borrow sterling overnight from other financial institutions.
LIBOR
The London Interbank Offered Rate, a benchmark interest rate at which major global banks lend to one another in the international interbank market for short-term loans.
- Identify the crucial role and value of leading financial metrics and benchmarks within global finance.
Verified Answer
Learning Objectives
- Identify the crucial role and value of leading financial metrics and benchmarks within global finance.
Related questions
What Short Term Interest Rate Was Proposed to Be Phased ...
What Interest Rate Have British Regulators Proposed Be the New ...
The Date of Delivery of a Currency Has No Impact ...
There Is No Constant Relationship Between the Spot and the ...
Spot Rates Imply Delivery of the Foreign Currency Immediately or ...