In the chart below, I’ve highlighted key interbank funding rates, with the most important being SOFR (Secured Overnight Financing Rate)—essentially the repo rate, representing the rate at ...

Overnight euro LIBOR -- the interest rate banks charge each other when lending money -- fell to 4.13% from 4.68%, though the three-month euro LIBOR rate was virtually unmoved at 4.76%.

The overnight U.S. financing rate, which soared to a record high of 5.4% last Thursday ahead of year-end, is likely to remain elevated over the next few weeks because of robust demand for funding ...

Experts have said 2024 promised to be a "very good year for cash savers." That still holds true, even after the Federal Reserve's new 50 basis point rate cut. Here's what to know to find the best ...

The average rate of overnight repurchase transactions (repos) in the interbank market - a gauge for cash conditions - rose as much as 3.5%, the highest level since October 2023.

New Zealand's central bank will hold its key overnight cash rate (OCR) at a more than 14-year high of 5.50% for a second straight meeting on Aug. 16, according to economists polled by Reuters who ...

China’s overnight borrowing costs declined as the central bank continued to add cash to a banking system strained by tax payments, local-government debt issuance and fading monetary easing hopes.