Examples of using Reference rate in English and their translations into Vietnamese
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The LPR is a lending reference rate set monthly by 18 banks.
Shifts in Beijing's currencypolicy are seen in its handling of the daily reference rate.
The reference rates are now 7% a year and the lowest level in history.
CME already publishes both a Bitcoin reference rate and a real-time index,” Bianchi concluded.
The opening price for the January contract was $20,650,more than $1,150 over the last price on CME's reference rate.
The Monday reference rate was also the lowest in five months against the USD.
It hit a five-month low on Friday against the USD andthe PBOC set the reference rate Monday at 6.4893.
ETH_RR_USD is a daily reference rate of the US dollar price of one Ether as of 4 p.m.
Both CME and CBOE will offer cash-settled contracts that willfind investors buying exposure to different reference rates that will not require custody of the asset.
The reference rates are already available on CME Group and Crypto Facilities websites and will be distributed on the CME Group Market Data Platform beginning June 4.
The People's Bank of China cut the yuan's reference rate by 0.18 percent, the most since July 2012.
The People's Bank of China(PBOC) announced several market-based changes to the formation of the loan prime rate(LPR), which the central banksaid would henceforth be a key reference rate for new loans.
The People's Bank of China set the reference rate of the yuan at 7.0119, compared to 7.0117 on Monday.
Yields on residential mortgage-backed securities were also at low levels, having declined in line with the one-month bank bill swap rate(BBSW),which is the reference rate for these securities.
CME Group will provide a daily reference price(Ether Reference Rate), expressed in US dollars every 24 hours, as well as real-time price(Ether Real Time Index).
Crypto Facilities is no stranger to the crypto futures market- the company is currently working with the Chicago MercantileExchange to establish the CME CF Bitcoin Reference Rate, which is essential for operating bitcoin futures.
CME will use a custom reference rate created with partner Crypto Facilities, while CBOE intends to use data from the New York-based cryptocurrency exchange Gemini.
If the issuer does not redeem the bonds on the call option date,the rate will be the Reference Rate+ 3.6%/year applicable for the last 2 years of the bond term.
The people's Bank of China fixed the reference rate for the yuan to 6,9805, stronger than the 6,9879 set Friday, while the yuan continues to strengthen from its highest in five months.
Repo rates are also attracting moreattention because they are used in setting a short-term reference rate created by the Fed, known as the secured overnight financing rate, or SOFR.
However, different reference rates may be needed for each currency in which loans and deposits are denominated, especially when a non-resident financial institution is involved.
Authorities should alsoconsider establishing a more reliable short-term reference rate to complete the yield curve from the short-term segment to the long-term segment.
In our view, the LPR's reference rate on the MLF is still not a full market-oriented rate, given that the MLF rate is a policy rate and does not fully reflect changes in banks' wholesale funding costs.
CBOE, on its part, has outright expressed its desire to remain a leader in the cryptocurrency derivatives marketplace,while CME has launched an Ether price reference rate but in public statements has been less-than-enthusiastic about the crypto industry.
It's the reference rate for nearly half of adjustable-rate mortgages in the United States; for about 70 percent of the American futures market; and for a majority of the American swaps market, where businesses hedge risks from changes in interest rates. .
The PBOC said on Friday that banks would resume using the“counter-cyclical”factor when calculating the yuan's daily reference rate to support the currency amid broad dollar strength and ongoing trade tensions between Washington and Beijing.
Although standard variable reference rates for housing loans had increased since mid 2018, the average rate paid on outstanding loans had been little changed since then, as banks had continued to compete for new borrowers by offering materially lower rates on new loans.
In March, Tassat- when it was still known as trueDigital- had partnered with crypto data firm Kaiko and digital assets analytics company IncaDigital Securities to widen the distribution of its over-the-counter reference rates for Bitcoin and Ethereum(ETH), the latter of which it created in partnership with ConsenSys.
The Bitcoin Liquid Index(BLX) and the Ethereum Liquid Index(ELX)will“provide a real-time spot or reference rate for the price of 1 BTC and 1 ETH respectively, quoted in USD, and based on the most liquid ends of their markets,” said Nasdaq in an online statement published Feb. 11.
The parallel rate on Tuesday is equivalent 50% of the minimum wage of the country, but exceeds more than 8,000 times the value of the lowest official exchange rate(10 bolivars)and at least 25 times the reference rate of the system of auctions(3,345 bolívares), which Chavismo implemented this year but which ceased several weeks ago.