Examples of Fed Funds Effective Rate in a sentence
The strategy invests in short term interest rate futures (exposure to which will be adjusted to maintain an annualised volatility of 5%) based on the level and volatility of Fed Funds Effective Rate.
Any use of such index or its name must be with the consent of Deutsche Bank AG.DEUTSCHE BANK FED FUNDS EFFECTIVE RATE TOTAL RETURN INDEX The Deutsche Bank Fed Funds Effective Rate Total Return Index (Bloomberg: DBMMFED1<Index>) (the “Fed Funds Index”) is intended to measure the accrual of a daily rolled deposit invested at the federal funds effective rate.
CHOICE research found that consumers already have low levels of trust in the government when it comes to superannuation.7 This was due to what was seen as constant ‘shifting goalposts’ in the treatment of retirement savings.
This guidance permits the use of the Overnight Index Swap (OIS) rate based on Secured Overnight Financing Rate as aU.S. benchmark interest rate for hedge accounting purposes under ASC Topic 815 in addition to the U.S. Treasury rate, the LIBOR swap rate, the OIS rate based on the Fed Funds Effective Rate, and the SIFMA Municipal Swap Rate.
In the event that a change in the Fed Funds Effective Rate is announced or published at the time a Loan is outstanding, such change shall become effective at the time it is announced or published.
Prior to maturity, Advances shall bear interest at the Fed Funds Effective Rate plus 45/100 of 1% per annum.
These IDEX USD OTC Contracts are USD- denominated interest rate swaps that require the exchange of periodic annual fixed rate payments for annual floating rate payments based on the Fed Funds Effective Rate compounded over the life of the contract.
The floating rate payment for a given accrual period is equal to the notional principal value multiplied by the compounded Fed Funds Effective Rate multiplied by the accrual year of the floating leg of the swap.
In the United States, the interest rates on direct Treasury obligations of the U.S. government, the London Interbank Offered Rate (LIBOR) swap rate, the Fed Funds Effective Rate Overnight Index Swap Rate, the Securities Industry and Financial Markets Association (SIFMA) Municipal Swap Rate, and the Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate are considered to be benchmark interest rates.
Its research indicates that the Fed Funds Effective Rate is more highly correlated to its lender’s prime rate than is LIBOR.