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18/06/1998 · Interest Rates on Loans Secured by Non-marketable Assets (Standing Facilities) Terms and Conditions of lending standing facilities. Minimum Bid Rates at Loan Auctions (Non-marketable Assets) Cut-off Rates and Weighted-average Rates at Loan Auctions (Non-marketable Assets) Announcements of Auctions for the Provision of Loans Secured by The market for overnight loans. Overnight interest rates are rates for loans over a single night - these are the shortest of all interest rates. During the day, banks normally have access to interest free loans from the central bank. At the end of the day, all such loans must be cleared with the central ;· The overnight rate is the interest rate at which major financial institutions borrow and lend one-day (or “overnight”) funds among themselves; the Bank sets a target level for that rate. This target for the overnight rate is often referred to as the Bank’s policy interest interest rates, The

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