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This is generally interpreted as a band for overnight money rates.
At some point dividends become competitive with money rates, and this puts a floor on the price of the stock.
Most provide new money rates at renewal and you still receive the variable commissions."
The money rate, in turn, is the loan rate, an entirely financial construction.
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The ceilings on the call rate and inter-bank term money rate were dropped, with effect from May 1, 1989.
Is the money rate decent at Muscat airport?
He made a key distinction between the natural rate of interest and the money rate of interest.
One result of the increase in banking liquidity was that call money rates dropped as low as the Bundesbank's 3 percent discount rate.
In economies where the natural rate is higher than the money rate, credit growth will drive a positive disequilibrium in an economy.
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Rates were narrowly mixed yesterday, edging up for longer-maturity bonds while money rates eased.
In Saudi Arabia, when a person has been killed or caused to die by another, the prescribed blood money rates are as follows:
First, among them is the equivalence of the "natural" rate of interest and the money rate of interest.
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This is the rate of interest expressed in money terms and is also known as the money rate of interest.
"The movement in official rates was bigger than the movement in money rates," he said, which diluted the impact somewhat.
Britain's central bank raised a key short-term money rate today, for the first time in more than a year, in a pre-emptive move against inflationary pressure.
When the natural rate of interest is lower than the money rate, the demand for credit dries up leading to a negative disequilibrium and capital destruction.
Hence, they recommended the removal of the ceiling on the inter-bank cell money rate of 10% p.a.
Mortgage money rates are no longer isolated from the swings of the major money markets and they now closely follow the prime rate and Treasury borrowings.
For example, a bank may give a wholesale money rate of 6.75% and the dealer may give the consumer an interest rate of 7.75%.
Banks Cut Money Rates Commercial banks cut their average money market account rates by a basis point, to 5.38 percent.
The central bank cut its key money rate half a percentage point, to 6.25 percent from 6.75 percent, at its regular repurchase tender for central bank certificates.
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