| Call Money |
| By Bankrate.com |
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| LIBOR, other interest rate indexes |
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This week |
Month ago |
Year ago |
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Call Money
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2.75 |
2.75 |
6.25 |
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What it means:
This is the interest rate charged by banks to brokers for money used to finance investors' margin loans.
How it's used:
This is the benchmark rate for what investors pay to buy securities on margin. A service charge or markup is typically added by the broker.
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