call rate

(redirected from Call loan rate)
Also found in: Financial.
Related to Call loan rate: prime rate, Call money rate

call rate

n
(Banking & Finance) the interest rate on a call loan
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
References in periodicals archive ?
The BOJ board also kept the unsecured overnight call loan rate on hold at a range of zero percent to 0.
The Bank of Japan has decided to keep its policy rate, the unsecured overnight call loan rate, within a 0.0 percent to 0.1 percent range.
Bankers noted that late last year, due to the European debt crisis, domestic interbank U.S.-dollar call loan rate, or TAIFX, jumped to a level 100 points (one point equals 0.01 of a percentage point) higher than LIBOR (London interbank offered rate), thereby dampening U.S.-dollar loans.
Assuming a 15 percent annual call loan rate, which was somewhat typical for November 1907, a 7-day loan would cost 0.28 percent, or 15 percent divided by 52 weeks.
The Bank of Japan (BOJ) has said that it has decided to keep its unsecured overnight call loan rate target unchanged in a range of 0.0 percent to 0.1 percent.
The interest rate on an unsecured call loan from Friday through Monday soared to 1 percent on the Tokyo interbank money market Wednesday, against the Bank of Japan's target of 0.5 percent for the uncollateralized overnight call loan rate.
The call loan rate in New York City was a competitive market rate on new loans, and the renewal rate was the average of loan rates observed on that day.
For example, the call loan rate soared to 21 percent during October 1907 [Macaulay, Movements of Interest Rates, Bond Yields and Stock Prices in the U.S.
Comparison of the two figures shows that the increase in the seasonal amplitude of the call loan rate during the Depression was small relative to the decline in amplitude in 1914.(37) For comparison, the standard deviation of the seasonal pattern of the call loan rate between January 1890 and October 1914 is 1.02 (0.67 for the first difference of the call loan rate).
For example, the domestic interbank call loan rate (IBCL) is up by 80 bps from a year ago.
At the end of a two-day policy meeting, Bank of Japan's (BOJ) Governor Masaaki Shirakawa and his six board colleagues also voted unanimously to maintain the unsecured overnight call loan rate at a range of zero percent to 0.1 percent to support the country's economy.
The central bank's policy board has decided to leave its policy rate, the unsecured overnight call loan rate, in the range of 0.0 percent to 0.1 percent.