Secured Overnight Financing Rate. SOFR is a broad measure because it depends on a large volume of transactions between thousands of institutions. For example, the daily repo volume exceeded $2 ...
The 6-member Monetary Policy Committee (MPC) meeting on February 7, 2025, slashed the rate of repo by 25 basis points, ro ...
The updated MCLR rates will directly influence interest rates on various financial products, including home loans, personal ...
The committee noted that setting the overnight reverse repo facility rate at the bottom of the target range for the federal funds rate was “intended to support effective monetary policy ...
The seven-day repo rate gained 14 basis points to 2.2%, while the overnight repo rate hovered near an eight-month high touched earlier this week. Government bond yields edged up in most tenors.
The liquidity deficit had widened on account of likely interventions of the Reserve Bank of India in the currency market to curb any sharp depreciation in the rupee.
The deposit rate is the rate the central bank pays commercial banks on deposits of overnight money. The January reform has worked to restore market liquidity. The Canadian Overnight Repo Rate Average, ...
Banks show low interest in short-term funds at RBI's VRR auctions due to comfortable liquidity and asset-liability concerns.
(Bloomberg) -- A Bank of Canada official said a recent change in how the central bank sets its deposit rate is working to improve the functioning of money markets, lowering borrowing costs.
The deposit rate is the rate the central bank pays commercial banks on deposits of overnight money. The January reform has worked to restore market liquidity. The Canadian Overnight Repo Rate Average, ...