ANZ

The ANZ website contains the following categories:

The category contains the following sections:

    Financial Dictionary

    Dictionary Home The Language of Money - Edna Carew
    A B C D E F G H I J K L M N O P Q R S T U V W X Y Z



    Benchmark rate

    A rate used as a yardstick for measuring or setting other interest rates; for example, a bank's prime lending rate, which it uses to price loans, or the commonwealth bond rate, which is widely used as a base from which other securities such as corporate debentures are priced.

    See also: prime rate.

    Important notice