base_rate

loan

The base rate set by the bank that offers the loan product, which typically follows the official central bank interest rate - but it is not guaranteed to do so. The base rate represents the basis of the repayment rate on the borrowed funds at the given date as agreed in the terms of the loan.

The official interest rate is the interest rate paid on commercial bank reserves by the central bank of an area or region.

├── FDTR
├── FESR
├── UKBRBASE
├── USTSR
├── ZERO
├── cert_dep
├── chf_libor
│   ├── chf_libor_10m
│   ├── chf_libor_11m
│   ├── chf_libor_12m
│   ├── chf_libor_1m
│   └── chf_libor_1w
│   └── chf_libor_2m
│   └── chf_libor_2w
│   └── chf_libor_3m
│   └── chf_libor_3w
│   └── chf_libor_4m
│   └── chf_libor_5m
│   └── chf_libor_6m
│   └── chf_libor_7m
│   └── chf_libor_8m
│   └── chf_libor_9m
│   └── chf_libor_on
├── cofi
│   ├── cofi_11th
│   ├── cofi_nm
│   └── cofi_other
├── cosi
├── eonia
├── estr
├── euribor
│   ├── euribor_10m
│   ├── euribor_11m
│   ├── euribor_12m
│   ├── euribor_1m
│   └── euribor_1w
│   └── euribor_2m
│   └── euribor_2w
│   └── euribor_3m
│   └── euribor_3w
│   └── euribor_4m
│   └── euribor_5m
│   └── euribor_6m
│   └── euribor_7m
│   └── euribor_8m
│   └── euribor_9m
│   └── euribor_on
├── eur_libor
│   ├── eur_libor_10m
│   ├── eur_libor_11m
│   ├── eur_libor_12m
│   ├── eur_libor_1m
│   └── eur_libor_1w
│   └── eur_libor_2m
│   └── eur_libor_2w
│   └── eur_libor_3m
│   └── eur_libor_3w
│   └── eur_libor_4m
│   └── eur_libor_5m
│   └── eur_libor_6m
│   └── eur_libor_7m
│   └── eur_libor_8m
│   └── eur_libor_9m
│   └── eur_libor_on
├── gbp_libor
│   ├── gbp_libor_10m
│   ├── gbp_libor_11m
│   ├── gbp_libor_12m
│   ├── gbp_libor_1m
│   └── gbp_libor_1w
│   └── gbp_libor_2m
│   └── gbp_libor_2w
│   └── gbp_libor_3m
│   └── gbp_libor_3w
│   └── gbp_libor_4m
│   └── gbp_libor_5m
│   └── gbp_libor_6m
│   └── gbp_libor_7m
│   └── gbp_libor_8m
│   └── gbp_libor_9m
│   └── gbp_libor_on
├── honia
├── jpy_libor
│   ├── jpy_libor_10m
│   ├── jpy_libor_11m
│   ├── jpy_libor_12m
│   ├── jpy_libor_1m
│   └── jpy_libor_1w
│   └── jpy_libor_2m
│   └── jpy_libor_2w
│   └── jpy_libor_3m
│   └── jpy_libor_3w
│   └── jpy_libor_4m
│   └── jpy_libor_5m
│   └── jpy_libor_6m
│   └── jpy_libor_7m
│   └── jpy_libor_8m
│   └── jpy_libor_9m
│   └── jpy_libor_on
├── mibor
│   ├── mibor_10m
│   ├── mibor_11m
│   ├── mibor_12m
│   ├── mibor_1m
│   └── mibor_1w
│   └── mibor_2m
│   └── mibor_2w
│   └── mibor_3m
│   └── mibor_3w
│   └── mibor_4m
│   └── mibor_5m
│   └── mibor_6m
│   └── mibor_7m
│   └── mibor_8m
│   └── mibor_9m
│   └── mibor_on
├── mta
├── multi_rate
│   ├── multi_rate_10m
│   ├── multi_rate_11m
│   ├── multi_rate_12m
│   ├── multi_rate_1m
│   └── multi_rate_1w
│   └── multi_rate_2m
│   └── multi_rate_2w
│   └── multi_rate_3m
│   └── multi_rate_3w
│   └── multi_rate_4m
│   └── multi_rate_5m
│   └── multi_rate_6m
│   └── multi_rate_7m
│   └── multi_rate_8m
│   └── multi_rate_9m
│   └── multi_rate_on
├── other
│   ├── other_10m
│   ├── other_11m
│   ├── other_12m
│   ├── other_1m
│   └── other_1w
│   └── other_2m
│   └── other_2w
│   └── other_3m
│   └── other_3w
│   └── other_4m
│   └── other_5m
│   └── other_6m
│   └── other_7m
│   └── other_8m
│   └── other_9m
│   └── other_on
├── prime
├── saron
├── sofr
│   ├── sofr_1m
│   ├── sofr_1y
│   ├── sofr_3m
│   ├── sofr_6m
│   └── sofr_other
├── sonia
├── sora
└── tbill
    ├── tbill_1y
    ├── tbill_3m
    ├── tbill_3y
    ├── tbill_5y
    ├── tbill_6m
    └── tbill_other
├── tona
├── usd_libor
│   ├── usd_libor_10m
│   ├── usd_libor_11m
│   ├── usd_libor_12m
│   ├── usd_libor_1m
│   └── usd_libor_1w
│   └── usd_libor_2m
│   └── usd_libor_2w
│   └── usd_libor_3m
│   └── usd_libor_3w
│   └── usd_libor_4m
│   └── usd_libor_5m
│   └── usd_libor_6m
│   └── usd_libor_7m
│   └── usd_libor_8m
│   └── usd_libor_9m
│   └── usd_libor_on

FDTR

The base rate is tied to the Federal Reserve’s target rate for the federal funds rate. This is the interest rate that banks charge each other for overnight loans of federal funds.

FESR

The base rate is tied to the Federal Funds Effective Swap Rate.

UKBRBASE

The base rate is linked to the Bank of England’s base rate, which is the interest rate that the Bank of England charges banks for secured overnight lending.

USTSR

The base rate is tied to the US Treasury Security Interest Rate.

ZERO

The base rate is set to zero, indicating that the loan’s interest rate is not tied to any external benchmark rate.

bbsw

Bank Bill Swap Rate (BBSW) where the tenor is unknown. Refer to: https://www.rba.gov.au/mkt-operations/resources/interest-rate-benchmark-reform.html

bbsw_3m

3 month Bank Bill Swap Rate (BBSW). Refer to: https://www.rba.gov.au/mkt-operations/resources/interest-rate-benchmark-reform.html

chf_libor

CHF Libor was the reference interest rate for many financial instruments denominated in Swiss Francs

chf_libor_10m

10 month CHF Libor reference interest rate

chf_libor_11m

11 month CHF Libor reference interest rate

chf_libor_12m

12 month CHF Libor reference interest rate

chf_libor_1m

1 month CHF Libor reference interest rate

chf_libor_1w

1 week CHF Libor reference interest rate

chf_libor_2m

2 month CHF Libor reference interest rate

chf_libor_2w

2 week CHF Libor reference interest rate

chf_libor_3m

3 month CHF Libor reference interest rate

chf_libor_3w

3 week CHF Libor reference interest rate

chf_libor_4m

4 month CHF Libor reference interest rate

chf_libor_5m

5 month CHF Libor reference interest rate

chf_libor_6m

6 month CHF Libor reference interest rate

chf_libor_7m

7 month CHF Libor reference interest rate

chf_libor_8m

8 month CHF Libor reference interest rate

chf_libor_9m

9 month CHF Libor reference interest rate

chf_libor_on

Overnight CHF Libor reference interest rate

cert_dep

Rate based on a certificate of deposit rate.

cofi

The Federal Cost of Funds Index (COFI) is used as a benchmark for some types of mortgage loans and securities. It is calculated as the sum of the monthly average interest rates for marketable Treasury bills and for marketable Treasury notes, divided by two, and rounded to three decimal places. Refer to https://www.freddiemac.com/research/datasets/cofi.

cofi_11th

The Federal Home Loan Mortgage Corporation (”Freddie Mac”) is the administrator and publisher of the Enterprise 11th District COFI Replacement Index and Enterprise 11th District COFI Institutional Replacement Index (each a “Replacement Index”, collectively the “Replacement Indices”) which are being made available for financial instruments owned or guaranteed by Freddie Mac or Fannie Mae (the “GSEs”) that are indexed to the 11th District Monthly Weighted Average Cost of Funds Index (”COFI”), an index calculated and published by the Federal Home Loan Bank of San Francisco. The Federal Home Loan Bank of San Francisco will discontinue the calculation and publication of the 11th District Monthly Weighted Average Cost of Funds Index after the announcement of the December 2021 COFI in January 2022. Refer to https://www.freddiemac.com/research/indices/COFI-enterprise-replacement.

cofi_nm

The Federal Cost of Funds Index (COFI) is used as a benchmark for some types of mortgage loans and securities. It is calculated as the sum of the monthly average interest rates for marketable Treasury bills and for marketable Treasury notes, divided by two, and rounded to three decimal places. Refer to https://www.freddiemac.com/research/datasets/cofi.

cofi_other

COFI other than the national monthly index or 11th district.

The Federal Cost of Funds Index (COFI) is used as a benchmark for some types of mortgage loans and securities. It is calculated as the sum of the monthly average interest rates for marketable Treasury bills and for marketable Treasury notes, divided by two, and rounded to three decimal places. Refer to https://www.freddiemac.com/research/datasets/cofi.

cosi

The Cost of Savings Index (COSI) is a popular index used for calculating the interest rate of certain adjustable-rate mortgages (ARMs). Officially known as the Wells Fargo Cost of Savings Index, it is based on the interest rates that Wells Fargo Bank pays to individuals on certificates of deposit (CDs). Refer to https://www.wellsfargo.com/mortgage/manage-account/cost-of-savings-index/.

eonia

Euro OverNight Index Average (EONIA) was the interbank overnight lending reference rate for the euro

estr

Euro short-term rate (€STR)

eur_libor

Euro LIBOR was the London Interbank Offered Rate (LIBOR) denominated in euros

eur_libor_10m

10 month EUR Libor reference interest rate

eur_libor_11m

11 month EUR Libor reference interest rate

eur_libor_12m

12 month EUR Libor reference interest rate

eur_libor_1m

1 month EUR Libor reference interest rate

eur_libor_1w

1 week EUR Libor reference interest rate

eur_libor_2m

2 month EUR Libor reference interest rate

eur_libor_2w

2 week EUR Libor reference interest rate

eur_libor_3m

3 month EUR Libor reference interest rate

eur_libor_3w

3 week EUR Libor reference interest rate

eur_libor_4m

4 month EUR Libor reference interest rate

eur_libor_5m

5 month EUR Libor reference interest rate

eur_libor_6m

6 month EUR Libor reference interest rate

eur_libor_7m

7 month EUR Libor reference interest rate

eur_libor_8m

8 month EUR Libor reference interest rate

eur_libor_9m

9 month EUR Libor reference interest rate

eur_libor_on

Overnight EUR Libor reference interest rate

euribor

Euro Interbank Offered Rate (Euribor) where the tenor is unknown

euribor_10m

10 month Euribor reference interest rate

euribor_11m

11 month Euribor reference interest rate

euribor_12m

12 month Euribor reference interest rate

euribor_1m

1 month EURLibor reference interest rate

euribor_1w

1 week CHF Libor reference interest rate

euribor_2m

2 month Euribor reference interest rate

euribor_2w

2 week Euribor reference interest rate

euribor_3m

3 month Euribor reference interest rate

euribor_3w

3 week Euribor reference interest rate

euribor_4m

4 month Euribor reference interest rate

euribor_5m

5 month Euribor reference interest rate

euribor_6m

6 month Euribor reference interest rate

euribor_7m

7 month Euribor reference interest rate

euribor_8m

8 month Euribor reference interest rate

euribor_9m

9 month Euribor reference interest rate

euribor_on

Overnight Euribor reference interest rate

gbp_libor

GBP LIBOR was the London Interbank Offered Rate (LIBOR) for pounds sterling

gbp_libor_10m

10 month GBP Libor reference interest rate

gbp_libor_11m

11 month GBP Libor reference interest rate

gbp_libor_12m

12 month GBP Libor reference interest rate

gbp_libor_1m

1 month GBP Libor reference interest rate

gbp_libor_1w

1 week GBP Libor reference interest rate

gbp_libor_2m

2 month GBP Libor reference interest rate

gbp_libor_2w

2 week GBP Libor reference interest rate

gbp_libor_3m

3 month GBP Libor reference interest rate

gbp_libor_3w

3 week GBP Libor reference interest rate

gbp_libor_4m

4 month GBP Libor reference interest rate

gbp_libor_5m

5 month GBP Libor reference interest rate

gbp_libor_6m

6 month GBP Libor reference interest rate

gbp_libor_7m

7 month GBP Libor reference interest rate

gbp_libor_8m

8 month GBP Libor reference interest rate

gbp_libor_9m

9 month GBP Libor reference interest rate

gbp_libor_on

Overnight GBP Libor reference interest rate

honia

Hong Kong Dollar Overnight Index Average (HONIA)

jpy_libor

JPY LIBOR was the London Interbank Offered Rate (LIBOR) for Japanese yen

jpy_libor_10m

10 month JPY Libor reference interest rate

jpy_libor_11m

11 month JPY Libor reference interest rate

jpy_libor_12m

12 month JPY Libor reference interest rate

jpy_libor_1m

1 month JPY Libor reference interest rate

jpy_libor_1w

1 week JPY Libor reference interest rate

jpy_libor_2m

2 month JPY Libor reference interest rate

jpy_libor_2w

2 week JPY Libor reference interest rate

jpy_libor_3m

3 month JPY Libor reference interest rate

jpy_libor_3w

3 week JPY Libor reference interest rate

jpy_libor_4m

4 month JPY Libor reference interest rate

jpy_libor_5m

5 month JPY Libor reference interest rate

jpy_libor_6m

6 month JPY Libor reference interest rate

jpy_libor_7m

7 month JPY Libor reference interest rate

jpy_libor_8m

8 month JPY Libor reference interest rate

jpy_libor_9m

9 month JPY Libor reference interest rate

jpy_libor_on

Overnight JPY Libor reference interest rate

mibor

Mumbai Interbank Offered Rate (MIBOR)

mibor_10m

10 month MIBOR reference interest rate

mibor_11m

11 month MIBOR reference interest rate

mibor_12m

12 month MIBOR reference interest rate

mibor_1m

1 month MIBOR reference interest rate

mibor_1w

1 week MIBOR reference interest rate

mibor_2m

2 month MIBOR reference interest rate

mibor_2w

2 week MIBOR reference interest rate

mibor_3m

3 month MIBOR reference interest rate

mibor_3w

3 week MIBOR reference interest rate

mibor_4m

4 month MIBOR reference interest rate

mibor_5m

5 month MIBOR reference interest rate

mibor_6m

6 month MIBOR reference interest rate

mibor_7m

7 month MIBOR reference interest rate

mibor_8m

8 month MIBOR reference interest rate

mibor_9m

9 month MIBOR reference interest rate

mibor_on

Overnight MIBOR reference interest rate

mta

The Monthly Treasury Average (MTA) is also known as the 12-month moving average of one-year constant maturity Treasury (1-year CMT) bonds.

multi_rate

Instruments using multiple reference rates used for the calculation of the actual interest rate

multi_rate_10m

10 month multi rate reference interest rates

multi_rate_11m

11 month multi rate reference interest rates

multi_rate_12m

12 month multi rate reference interest rates

multi_rate_1m

1 month multi rate reference interest rates

multi_rate_1w

1 week multi rate reference interest rates

multi_rate_2m

2 month multi rate reference interest rates

multi_rate_2w

2 week multi rate reference interest rates

multi_rate_3m

3 month multi rate reference interest rates

multi_rate_3w

3 week multi rate reference interest rates

multi_rate_4m

4 month multi rate reference interest rates

multi_rate_5m

5 month multi rate reference interest rates

multi_rate_6m

6 month multi rate reference interest rates

multi_rate_7m

7 month multi rate reference interest rates

multi_rate_8m

8 month multi rate reference interest rates

multi_rate_9m

9 month multi rate reference interest rates

multi_rate_on

Overnight multi rate reference interest rates

other

A base rate other than one defined within the taxonomy.

other_10m

10 month other reference interest rate

other_11m

11 month other reference interest rate

other_12m

12 month other reference interest rate

other_1m

1 month other reference interest rate

other_1w

1 week other reference interest rate

other_2m

2 month other reference interest rate

other_2w

2 week other reference interest rate

other_3m

3 month other reference interest rate

other_3w

3 week other reference interest rate

other_4m

4 month other reference interest rate

other_5m

5 month other reference interest rate

other_6m

6 month other reference interest rate

other_7m

7 month other reference interest rate

other_8m

8 month other reference interest rate

other_9m

9 month other reference interest rate

other_on

Overnight other reference interest rate

pboc

People’s Bank of China (PBOC) benchmark interest rate, where the specific rate or tenor is unknown

prime

Prime is one of several base rates used by banks to price short-term business loans. Refer to https://www.federalreserve.gov/releases/h15/.

saron

Swiss Average Rate Overnight (SARON)

sofr

Secured Overnight Financing Rate (SOFR) where the tenor is unknown.

sofr_1m

1 month Secured Overnight Financing Rate (SOFR).

sofr_1y

1 year Secured Overnight Financing Rate (SOFR).

sofr_3m

3 month Secured Overnight Financing Rate (SOFR).

sofr_6m

6 month Secured Overnight Financing Rate (SOFR).

sofr_other

Secured Overnight Financing Rate (SOFR) where the tenor is known.

sonia

The Sterling Overnight Index Average (SONIA)

sora

The Singapore Overnight Rate Average (SORA)

tbill

Treasury bill rate with an unknown tenor. Refer to https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_bill_rates.

tbill_1y

1 year treasury bill rate. Refer to https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_bill_rates.

tbill_3m

3 month treasury bill rate. Refer to https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_bill_rates.

tbill_3y

3 year treasury bill rate. Refer to https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_bill_rates.

tbill_5y

5 year treasury bill rate. Refer to https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_bill_rates.

tbill_6m

6 month treasury bill rate. Refer to https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_bill_rates.

tbill_other

Treasury bill rate with another tenor. Refer to https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_bill_rates.

tona

Tokyo Overnight Average Rate (TONA)

usd_libor

USD LIBOR was the London Interbank Offered Rate (LIBOR) for US dollars

usd_libor_10m

10 month USD Libor reference interest rate

usd_libor_11m

11 month USD Libor reference interest rate

usd_libor_12m

12 month USD Libor reference interest rate

usd_libor_1m

1 month USD Libor reference interest rate

usd_libor_1w

1 week USD Libor reference interest rate

usd_libor_2m

2 month USD Libor reference interest rate

usd_libor_2w

2 week USD Libor reference interest rate

usd_libor_3m

3 month USD Libor reference interest rate

usd_libor_3w

3 week USD Libor reference interest rate

usd_libor_4m

4 month USD Libor reference interest rate

usd_libor_5m

5 month USD Libor reference interest rate

usd_libor_6m

6 month USD Libor reference interest rate

usd_libor_7m

7 month USD Libor reference interest rate

usd_libor_8m

8 month USD Libor reference interest rate

usd_libor_9m

9 month USD Libor reference interest rate

usd_libor_on

Overnight USD Libor reference interest rate

security

The base rate represents the basis of the rate on the balance at the given date as agreed in the terms of the financial product.

Basis can be defined as “the difference between the spot price of a given cash market asset and the price of its related futures contract.” Therefore, the base rate can be viewed as the time value of the money referred to in the financial product and the difference between the interest rate and the base rate can be viewed as the yield spread of the financial product over a defined index.

In practice, the base rate conveys the information that the interest rate is directly or indirectly linked to another rate or index. For the purposes of consistency, the relevant Bloomberg Index ticker is used with “ZERO” used to indicate that there is no related base rate used for the determination of the interest rate.

account

The base rate set by the bank that offers the account facility, which typically follows the official central bank interest rate - but it is not guaranteed to do so. The base rate represents the basis of the rate on the balance at the given date as agreed in the terms of the account.

The official interest rate is the interest rate paid on commercial bank reserves by the central bank of an area or region.

derivative

The base rate represents the basis of the rate on the balance at the given date as agreed in the terms of the financial product.

Basis can be defined as “the difference between the spot price of a given cash market asset and the price of its related futures contract.” Therefore, the base rate can be viewed as the time value of the money referred to in the financial product and the difference between the interest rate and the base rate can be viewed as the yield spread of the financial product over a defined index.

In practice, the base rate conveys the information that the interest rate is directly or indirectly linked to another rate or index. For the purposes of consistency, the relevant Bloomberg Index ticker is used with “ZERO” used to indicate that there is no related base rate used for the determination of the interest rate.