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social science subjects > business and management > international business > international finance > Lombard rate
social science subjects > business and management > finance > international finance > Lombard rate

Terme préférentiel

Lombard rate  

Définition

  • The Lombard rate used to be a key interest rate in Germany, although such rate existed in France, Belgium, and Switzerland as well. The Lombard rate was the interest rate charged by the German central bank, the Bundesbank, for very short-term loans made to commercial banks against collateral securities that were marketable and easily convertible into cash. [Source: Encyclopedia of Business in Today's World; Lombard Rate]

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URI

http://data.loterre.fr/ark:/67375/N9J-WM5PJH5G-1

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