Sentence examples for reference rates from inspiring English sources

These rates are hereafter referred to as reference rates.

It is alleged that traders used online chatrooms to collude in the fixing of benchmark prices, which are used as reference rates for trillions of dollars of investment and trade globally.

Broadly, says Peter Tompkins, one of the actuaries involved, regulators have three options: to do nothing; to relax MFR rules on reference rates; or to follow the American example.This final possibility may come as a surprise to Americans.

FORTUNE   UBS Sued by Former Traders Over Dismissal  |  Two former UBS traders in Singapore "claimed they were fired in a bid by the bank to cover up its role in allegedly manipulating key reference rates," Bloomberg News reports.

It is interesting to note that the impact on the cost of capital of the alleged manipulation by some bankers of the British Bankers Association's Libor reference rates, on which $375tn of transactions are priced every day, was for many months greater than the impact on the cost of capital of a 0.1% tax on transactions in the secondary markets.

The Financial Services Authority FSAA) says Libor and Euribor are "benchmark reference rates fundamental to the operation of both UK and international financial markets".

As Gary Gensler, chairman of the US regulator, the Commodity Futures Trading Commission, says: "This is the mother of all reference rates… [It's] about six times the world economy in orders of magnitude of dollars of contracts".

Carney said the central bankers would look at "a broader range of reference rates across a range of jurisdictions" One of the important inputs into eventual decisions will be a report by Martin Wheatley, managing director of Britain's Financial Services Authority, and that's not due till late September.

Model predictions were then used as the reference rates in calculating expected numbers.

Mortality rates in the general population for the same cross-classification served as reference rates.

Reference rates were from Sweden, three additional European regions, and one U.S. region.