Money market account rates
Interbank rate 2023
06-28-2023Press Conference given by Mr. Alvaro Gonzalez Ricci, President of the Monetary Board and of the Bank of GuatemalaPress Conference given by Mr. Alvaro Gonzalez Ricci, President of the Monetary Board and of the Bank of GuatemalaPress Conference given by Mr. Alvaro Gonzalez Ricci, President of the Monetary Board and of the Bank of GuatemalaPress Conference given by Mr. Alvaro Gonzalez Ricci, President of the Monetary Board and of the Bank of Guatemala
06-28-2023Press Release: La Junta Monetaria mantiene invariable la tasa de interés líder de Política Monetaria en 5.00% alBoletín de Prensa: La Junta Monetaria mantiene invariable la tasa de interés líder de Política Monetaria en 5.00% al miércoles 28 de junio de 2023Press Release: La Junta Monetaria mantiene invariable la tasa de interés líder de Política Monetaria en 5.00% al miércoles 28 de junio de 2023Press Release: La Junta Monetaria mantiene invariable la tasa de interés líder de Política Monetaria en 5.00% al miércoles 28 de junio de 2023Press Release: La Junta Monetaria mantiene invariable la tasa de interés líder de Política Monetaria en 5.00% al Wednesday 28 de junio de 2023
05-24-2023Press Release: Main conclusions of the International Monetary Fund (IMF) Article IV Consultation for 2023Press Release: Main conclusions of the International Monetary Fund (IMF) Article IV Consultation for 2023Press Release: Main conclusions of the International Monetary Fund (IMF) Article IV Consultation for 2023Press Release: Main conclusions of the International Monetary Fund (IMF) Article IV Consultation for 2023 Press Release.
Interbank interest rate example
It is calculated on a reference rate and varies as the reference rate changes. If the DTF rate is used as a reference, the value of this rate must first be ascertained and then we establish what percentage above it we are going to set for the floating rate. For example, it is defined that the value of the rate will be 2% over the value of the DTF. If the DTF value is 7%, the interest will be 9% (7% + 2%). If another period is to be calculated and the DTF is now 7.5%, the interest rate will be 9.5% (7.5% +2%).
Since inflation decreases the purchasing power, that is, money decreases its value, it is necessary to calculate the real interest that we are going to earn on the investments. To find this out, the value of inflation is deducted from the interest received or paid. Interest rates try to compensate for the decrease that inflation produces in our purchasing power.
Interbank rate today
However, negative rates present unique challenges in the euro area. Because the ECB charges interest only on surplus liquidity, the amount charged is higher in countries whose banks hold large excess reserves. These tend to be countries with large current account surpluses compared to other member countries of the monetary union. At the same time, the ability of banks to generate interest income on each euro of assets has been impaired because, because of their reliance on a large deposit base, banks have not been able to reduce the amount they pay depositors to the same extent as the amount they charge for loans. And in several major economies, loans are often indexed to the monetary policy rate (so-called "floating rate loans"). Banks in these countries face squeezed margins not only on new loans but also on existing loans, as explained in the April issue of the Global Financial Stability Report (GFSR) (Figure 1).
Interbank interest rate which is
June 28, 2023 | The new, more volatile economic regime offers different but abundant investment opportunities. Persistent output constraints are forcing Central Banks to keep interest rates high. We find opportunities if we focus on asset classes and take advantage of mega forces.
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