Wortformen:(regular plural) interbank rates
( Finance : Banking )
The gap between the three-month interbank rate, at which banks lend to one another, and the base rate had opened up to an extraordinary
extent last year.
The interbank rate of interest influences the base rate which is used by commercial banks to calculate
rates of interest to be charged to their customers.
The interbank rate is the interest rate that banks charge each other.
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