Money Rates 1. Term: Prime Rate Primena U.S. Effective Date: 52-WEEK Latest Low High Wk ago US Canada Eurozone Japan Switzerland Britain Australia What it means: The prime rate is the rate at which banks will lend money to their most favored customers. The prime rate will move up or down in lock step with changes by the Federal Reserve Board How it's used: The prime rate is an important index used by banks to set rates on many consumer loan products, such as credit cards or auto loans. If you see that the prime rate has gone up, your variable credit card rate will soon follow Source: Sauce 2. Term: Discount Rate Discount Effective Date: 52-WEEK Latest Wk ago High Low What it means: The discount rate is the interest rate at which an eligible financial institution may borrow funds directly from a Federal Reserve bank, Banks whose reserves dip below the reserve requirement set by the Federal Reserve's board of governors use that money to correct their shortage. The board of directors of each reserve bank sets the discount rate every 14 days. It's considered the last resort for banks, which usually borrow from each other How it's used: The Fed uses the discount rate to control the supply of available funds, which in turn influences inflation and overall interest rates. The more money available, the more likely inflation will occur Raising the rate makes it more expensive to borrow from the Fed. That lowers the supply of available money, which increases the short term interest rates Lowering the rate has the opposite effect, bringing short-term interest rates down Source: Soute Aabende AaB Cend MacDE AxBb Cebdl ABC Heating Heading 2 Heading Heading 3. Terme Federal Funds Highe Low Near closing bidi Effective ratet Federal Funda target rate: Federal hunde eetle Date: SO- WEEK Net Whage High Low Fective Target whe Ofer What it means: The Interest rate at which banks and other depository institutions and money to each other, usually on an overnight basis. The law requires banks to keep a certain percentage of their customer's money on reserve, where the banks earn no interest on it. Consequently, banks try to stay as dose to the serve lintas possible without going under it, lending money back and forth to maintain the proper level How it's used: Like the federal discount rate, the federal funds rate is used to control the supply of available funds and hence, Inflation and other interest rates Raising the rate makes it more expensive to borrow. That lowers the supply of available money, which increases the short-term interest rates and helps keep inflation in check Lowering the rate has the opposite effect, bringing short-term interest rates down Source 4. Term: Call Money Calimaney Elective Dale S2 WEEK La Wage What it means Call Money is an instrument where counterparties and or borrow a principal amount. This amount can be exped the day or to be prolonged, increased or decreased, and the interest rates can be changed upon agreement. The interest in accrued and pold or capitalized or an ad-hoc bass, penodically or at the reduction of thw principal amount Call court is by bank account but can also be an intrument Clients can withdraw and depost Runds from count they cam interest on the account at a rate that is need day. The interest paid capitalister intervals. Source FOCUS 3. Term: Federal Funds High: Low: Near closing bld: Effective rate: Federal-Funds target rate: Federal fund Effective Date: 52-WEEK Latest Wiago High Low Effective rate Target nate High Low Bid Offer What it means: The interest rate at which banks and other depository institutions lend money to each other, usually on an overnight basis. The law requires banks to keep a certain percentage of their customer's money on reserve, where the banks earn no interest on it. Consequently, banks try to stay as close to the reserve limit as possible without going under it, lending money back and forth to maintain the proper level. How it's used: Like the federal discount rate, the federal funds rate is used to control the supply of available funds and hence, inflation and other interest rates. Raising the rate makes it more expensive to borrow. That lowers the supply of available money, which increases the short-term interest rates and helps keep inflation in check. Lowering the rate has the opposite effect, bringing short-term interest rates down. Source: Source: 4. Torm: Call Mor Call money [Effective Date: 52-WEEK Latest Wk ago High Low What it means: Call Money is an instrument where counterparties lend or borrow a principal amount. This amount can be expired the next day, or it can be prolonged, increased or decreased, and the interest rates can be changed upon agreement. The interest is accrued and paid or capitalized on an ad-hoc basis, periodically or at the reduction of the principal amount Call Account is basically a bank account but can also be seen as an instrument. Clients can withdraw and deposit funds from the account at any time. They earn interest on the account at a rate that is fixed daily. The interest is paid or capitalized at regular intervals. Source: Sources 5. Term: Commercial Paper Eure commercial paper 52-WEEK Listent Wk ago High Low 30 day Two month Three month Four month Five most Six month What it means: An unsecured, short-term loan issued by a corporation typically for financing accounts recevable and Inventories. It is usually issued at a discount reflecting prevailing market Interest rates. Source: Source: 6. Term: Euro Commercial Paper 30 days: Two months: Three months: Four months Five months: Euro commercial paper 52-WEEK Latest Wk ago High Low 30 day Two month Three month Four monto Five month Sex mot What it means: Euro Commercial Paper is Commercial paper issued in a Eurocurrency, the market for which is centred in London. It provides a quick way of obtaining same-day funds by the issue of unsecured notes, for example in Europe for use in New York. Source Share 7. Term: Dealer Commercial Paper 30 days: 60 days: 90 days: Dealer commercial paper 52-WEEK High Low Latest Wk ago 30 days 60 days 90 days What it means: Commercial paper that is sold by original Issuers through dealers who wholesale the paper to its ultimate buyers. Individual Investors are usually excluded from trading in dealer paper because of the size of the investment required, usually a minimum of $250,000. Source: Source 8. Term: Certificates of Deposit One month: Three months: Six months: Certificates of Deposit 52-WEEK Latest Wk ago High Low One month Three month So: Mono What it means: A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified Interest rate, and can be issued in any denomination. CDs are generally issued by commercial banks. Source: Source Money Rates 1. Term: Prime Rate Primena U.S. Effective Date: 52-WEEK Latest Low High Wk ago US Canada Eurozone Japan Switzerland Britain Australia What it means: The prime rate is the rate at which banks will lend money to their most favored customers. The prime rate will move up or down in lock step with changes by the Federal Reserve Board How it's used: The prime rate is an important index used by banks to set rates on many consumer loan products, such as credit cards or auto loans. If you see that the prime rate has gone up, your variable credit card rate will soon follow Source: Sauce 2. Term: Discount Rate Discount Effective Date: 52-WEEK Latest Wk ago High Low What it means: The discount rate is the interest rate at which an eligible financial institution may borrow funds directly from a Federal Reserve bank, Banks whose reserves dip below the reserve requirement set by the Federal Reserve's board of governors use that money to correct their shortage. The board of directors of each reserve bank sets the discount rate every 14 days. It's considered the last resort for banks, which usually borrow from each other How it's used: The Fed uses the discount rate to control the supply of available funds, which in turn influences inflation and overall interest rates. The more money available, the more likely inflation will occur Raising the rate makes it more expensive to borrow from the Fed. That lowers the supply of available money, which increases the short term interest rates Lowering the rate has the opposite effect, bringing short-term interest rates down Source: Soute Aabende AaB Cend MacDE AxBb Cebdl ABC Heating Heading 2 Heading Heading 3. Terme Federal Funds Highe Low Near closing bidi Effective ratet Federal Funda target rate: Federal hunde eetle Date: SO- WEEK Net Whage High Low Fective Target whe Ofer What it means: The Interest rate at which banks and other depository institutions and money to each other, usually on an overnight basis. The law requires banks to keep a certain percentage of their customer's money on reserve, where the banks earn no interest on it. Consequently, banks try to stay as dose to the serve lintas possible without going under it, lending money back and forth to maintain the proper level How it's used: Like the federal discount rate, the federal funds rate is used to control the supply of available funds and hence, Inflation and other interest rates Raising the rate makes it more expensive to borrow. That lowers the supply of available money, which increases the short-term interest rates and helps keep inflation in check Lowering the rate has the opposite effect, bringing short-term interest rates down Source 4. Term: Call Money Calimaney Elective Dale S2 WEEK La Wage What it means Call Money is an instrument where counterparties and or borrow a principal amount. This amount can be exped the day or to be prolonged, increased or decreased, and the interest rates can be changed upon agreement. The interest in accrued and pold or capitalized or an ad-hoc bass, penodically or at the reduction of thw principal amount Call court is by bank account but can also be an intrument Clients can withdraw and depost Runds from count they cam interest on the account at a rate that is need day. The interest paid capitalister intervals. Source FOCUS 3. Term: Federal Funds High: Low: Near closing bld: Effective rate: Federal-Funds target rate: Federal fund Effective Date: 52-WEEK Latest Wiago High Low Effective rate Target nate High Low Bid Offer What it means: The interest rate at which banks and other depository institutions lend money to each other, usually on an overnight basis. The law requires banks to keep a certain percentage of their customer's money on reserve, where the banks earn no interest on it. Consequently, banks try to stay as close to the reserve limit as possible without going under it, lending money back and forth to maintain the proper level. How it's used: Like the federal discount rate, the federal funds rate is used to control the supply of available funds and hence, inflation and other interest rates. Raising the rate makes it more expensive to borrow. That lowers the supply of available money, which increases the short-term interest rates and helps keep inflation in check. Lowering the rate has the opposite effect, bringing short-term interest rates down. Source: Source: 4. Torm: Call Mor Call money [Effective Date: 52-WEEK Latest Wk ago High Low What it means: Call Money is an instrument where counterparties lend or borrow a principal amount. This amount can be expired the next day, or it can be prolonged, increased or decreased, and the interest rates can be changed upon agreement. The interest is accrued and paid or capitalized on an ad-hoc basis, periodically or at the reduction of the principal amount Call Account is basically a bank account but can also be seen as an instrument. Clients can withdraw and deposit funds from the account at any time. They earn interest on the account at a rate that is fixed daily. The interest is paid or capitalized at regular intervals. Source: Sources 5. Term: Commercial Paper Eure commercial paper 52-WEEK Listent Wk ago High Low 30 day Two month Three month Four month Five most Six month What it means: An unsecured, short-term loan issued by a corporation typically for financing accounts recevable and Inventories. It is usually issued at a discount reflecting prevailing market Interest rates. Source: Source: 6. Term: Euro Commercial Paper 30 days: Two months: Three months: Four months Five months: Euro commercial paper 52-WEEK Latest Wk ago High Low 30 day Two month Three month Four monto Five month Sex mot What it means: Euro Commercial Paper is Commercial paper issued in a Eurocurrency, the market for which is centred in London. It provides a quick way of obtaining same-day funds by the issue of unsecured notes, for example in Europe for use in New York. Source Share 7. Term: Dealer Commercial Paper 30 days: 60 days: 90 days: Dealer commercial paper 52-WEEK High Low Latest Wk ago 30 days 60 days 90 days What it means: Commercial paper that is sold by original Issuers through dealers who wholesale the paper to its ultimate buyers. Individual Investors are usually excluded from trading in dealer paper because of the size of the investment required, usually a minimum of $250,000. Source: Source 8. Term: Certificates of Deposit One month: Three months: Six months: Certificates of Deposit 52-WEEK Latest Wk ago High Low One month Three month So: Mono What it means: A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified Interest rate, and can be issued in any denomination. CDs are generally issued by commercial banks. Source: Source