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bankrates
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The answer BANKRATES has 1 possible clue(s) in existing crosswords.
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Possible Crossword Clues |
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NEBRASKA + T = Mortgage specifications |
Last Seen in these Crosswords & Puzzles |
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May 16 2017 New York Times |
Bankrates might refer to |
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Bank rate, also referred to as the discount rate in American English, is the rate of interest which a central bank charges on its loans and advances to a commercial bank. The bank rate is known by a number of different terms depending on the country, and has changed over time in some countries as the mechanisms used to manage the rate have changed. * Whenever a bank has a shortage of funds, they can typically borrow from the central bank based on the monetary policy of the country. * The borrowing is commonly done via repos: the repo rate is the rate at which the central bank lends short-term money to the banks against securities. It is more applicable when there is a liquidity crunch in the market. * In contrast, the reverse repo rate is the rate at which banks can park surplus funds with the reserve bank. This is mostly done when there is surplus liquidity in the market. |