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A "five-year Euribor" will be in fact referring to the 5-year swap rate vs 6-month Euribor. "Euribor + x basis points", when talking about a bond, will mean that the bond's cash flows have to be discounted on the swaps' zero-coupon yield curve shifted by x basis points in order to equal the bond's actual market price.
PRIBOR is defined as follows: PRIBOR (or Prague Interbank Offered Rate) is the average interest rate at which unsecured CZK funds are offered by Panel Banks in the interbank market, just prior to 11.00am local time. [2]
The current average rate for a 30-year fixed mortgage is 6.96% for purchase and 6.96% for refinance — down 3 basis points from 6.99% for purchase and 6 basis points from 7.02% for refinance last ...
Rates on a 15-year mortgage stand at an average 6.22% for purchase and 6.22% for refinance, down 10 basis points from 6.32% for purchase and 13 basis points from 6.35% for refinance this time last ...
A forward rate agreement's (FRA's) effective description is a cash for difference derivative contract, between two parties, benchmarked against an interest rate index. That index is commonly an interbank offered rate (-IBOR) of specific tenor in different currencies, for example LIBOR in USD, GBP, EURIBOR in EUR or STIBOR in SEK.
It has expanded at an annual rate of at least 3% for four out of the last five quarters, the longest such streak in a decade. Unemployment is at a historically low 4.1%.
ISDAFIX refers to a worldwide common reference rate value for fixed interest rate swap rates. ISDAFIX was restructured and renamed "ICE Swap Rate" in April 2015. [1]ISDAFIX was developed in 1998 as a cooperative effort of the International Swaps and Derivatives Association (ISDA) with Reuters (now Thomson Reuters) and InterCapital Brokers (now ICAP). [2]
They increased 3.8% on an annual basis, slowing from the third quarter's 3.9% rise. When adjusted for inflation, overall wages increased 0.9% in the 12 months through December after advancing 1.4% ...