SM PRIME Holdings, Inc. has set the interest rates for its planned P25-billion peso-denominated fixed-rate bond offering, which will be available from Feb. 12 to Feb. 18.  The property developer’s ...
Has Russia’s prime interest rate peaked? The Central Bank of Russia (CBR) says analysts have lowered their forecast for ...
Aggregate US debt is $101.353T, or 3.45x GDP, indicating a historically high leverage that risks recession. Read why ...
Royal Bank of Canada, Toronto Dominion Bank, Canadian Imperial Bank of Commerce, Bank of Montreal, National Bank of Canada, ...
It is called a “repurchase” rate because it is the interest that is deducted (“discounted”) when the banks buy back ...
If you pay attention to financial news, you may have heard the term “prime rate” and wondered what it meant. You might have even confused it with the federal funds rate or your loan’s ...
How the Bank of Canada target rate change can affect Canadians renewing mortgages in 2025 and 2026 and 10 steps homeowners ...
The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.
Craig Sebastiano is a personal finance writer based in Toronto. He was previously the managing editor at Ratehub.ca and has written about credit cards, mortgages, banking, investing and investment ...
The South African Reserve Bank (SARB) announced a cut in the repurchase rate on Thursday, taking it to 7.5%. Frank Blackmore, Lead Economist at KPMG South Africa MPC Reaction said that the ...
The prime rate is a base rate set by Canadian banks to determine the variable interest rates they can charge on lending products, such as mortgages and loans. Many or all of the products featured ...
The prime rate dropped to as low as 2.25% in 2009. Interest rates stayed low for a while. As the economy showed signs of life, the BoC began raising rates again, but the prime rate stayed at 3% ...