It stands for money market instrument; a financial instrument representing a short-term financing vehicle which can be “relatively easily” converted...

MMI stands for money market instrument; a financial instrument representing a short-term financing vehicle which can be “relatively easily” converted...

A financial instrument representing a short-term financing vehicle which can be “relatively easily” converted into cash. By nature such instruments...

An interest rate (market benchmark or reference rate) that provides market participants (specifically, borrowers) with a specified interest rate for...

Funds that are drawn beyond the limit in a customer's account with a bank. It is a kind of a...

An interest rate that a bank or lending institution charges on overdrafts. Overdrafts are funds drawn beyond the limit in...

An interest rate that a bank or lending institution charges on overdrafts. Overdrafts are funds drawn beyond the limit in...

The interest rate that banks incur and pay to borrow funds from other banks in the money market overnight (interbank...

A rate of interest that can be used if the reference rate for a certain arrangement or contract (a facility,...

The interest rate which is set and used by banks and financial institutions as a basis for determining their lending...