interest rate benchmark
C13951
concept
An interest rate benchmark is a standardized reference rate, typically derived from the average rates at which major financial institutions lend to one another, used to set or compare interest rates on various financial products and contracts.
All labels observed (3)
| Label | Occurrences |
|---|---|
| benchmark interest rate | 4 |
| interest rate benchmark canonical | 4 |
| overnight interest rate | 1 |
Instances (8)
| Instance | Via concept surface |
|---|---|
| SELIC rate | benchmark interest rate |
| Official Cash Rate | benchmark interest rate |
| LIBOR | — |
| SOFR | — |
| CME Term SOFR | — |
| Secured Overnight Financing Rate | benchmark interest rate |
| 3-month U.S. dollar LIBOR | — |
| Bank Rate | benchmark interest rate |