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| This week | Month ago | Year ago | |
|---|---|---|---|
| Call Money | 2.75 | 2.25 | 2.00 |
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.