Interest rate

About

Thing
An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed. The total interest on an amount lent or borrowed depends on the principal sum, the interest rate, the compounding frequency, and the length of time over which it is lent, deposited, or borrowed.
Interest rate
Definition
An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed. The total interest on an amount lent or borrowed depends on the principal sum, the interest rate, the compounding frequency, and the length of time over which it is lent, deposited, or borrowed.
Interest rate
Interest rate
An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed. The total interest on an amount lent or borrowed depends on the principal sum, the interest rate, the compounding frequency, and the length of time over which it is lent, deposited, or borrowed.

Mentions

The New Zealand dollar rebounded after China's central bank demonstrated its willingness to prop up its banking system to the tune of 1.7 trillion yuan on Monday and Tuesday and by cutting interest rates, helping to calm global markets which had been plunging in the wake of the coronavirus crisis.

As BNZ's head of research Stephen Toplis put it in his review of the labour market data: "The labour data provide the RBNZ with no excuse to even contemplate lowering interest rates. To the contrary, in and of itself, these figures suggest the RBNZ should be seriously considering raising rates."

"A key feature of the past six months has been the low interest rate environment with rates dropping to historical lows, and we're conscious that, while low interest rates are good news for borrowers, for many of our customers with savings it creates a real challenge."

Predictably the dollar and short-term interest rates spiked on the news - markets always react in binary terms.

In its submission on the proposals, Westpac said it estimated the increase in capital could up the cost to borrowers by adding more than 100 basis points to the interest rate on a home loan - an increase of around $6000 to an average home loan in Auckland.

See also

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Разбор слов по составу: "уборка", "хлебный", "украсить", "принести", "говорливый", "заколка".

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