Interest Rate Authority

Definition

Interest Rate Authority. An authority responsible for the publication of some interest rate

Interest rates which are referred to as market rates, for example as used in interest rate derivatives, are published by some authority responsible for the rate as a kind of market data.

Example

This is typically a bank, central bank in the case of the publication of bank interest rates, or the committee responsible for publishing interbank rates, such as LIBOR.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.