Eurocurrency reserve requirement

Eurocurrency reserve requirement
USA
The percentage used to calculate the Eurodollar rate. For reserve requirements, the percentage is set out in Federal Reserve Regulation D for "Eurocurrency Liabilities." This percentage has been set as zero for the past several years.
Related terms

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • Reserve requirement — The reserve requirement (or required reserve ratio) is a bank regulation that sets the minimum reserves each bank must hold to customer deposits and notes. These reserves are designed to satisfy withdrawal demands, and would normally be in the… …   Wikipedia

  • Federal Reserve System — FRB and FED redirect here. For other uses, see FRB (disambiguation) and FED (disambiguation). Federal Reserve System …   Wikipedia

  • adjusted Eurodollar rate — USA Also referred to as the Eurodollar rate in combination with the Eurodollar base rate. A method of determining the interest rate in a loan agreement. Eurodollar refers to US currency held in banks outside of the United States that is generally …   Law dictionary

  • international banking facility — IBF A banking facility in the USA that is authorized by the Federal Reserve System to participate in eurocurrency lending. Such facilities are exempt from reserve requirement and may have many other advantages usually associated with offshore… …   Accounting dictionary

  • international banking facility — IBF A banking facility in the USA that is authorized by the Federal Reserve System to participate in eurocurrency lending. Such facilities are exempt from reserve requirement and may have many other advantages usually associated with offshore… …   Big dictionary of business and management

  • United Kingdom — a kingdom in NW Europe, consisting of Great Britain and Northern Ireland: formerly comprising Great Britain and Ireland 1801 1922. 58,610,182; 94,242 sq. mi. (244,100 sq. km). Cap.: London. Abbr.: U.K. Official name, United Kingdom of Great… …   Universalium

  • Germany — /jerr meuh nee/, n. a republic in central Europe: after World War II divided into four zones, British, French, U.S., and Soviet, and in 1949 into East Germany and West Germany; East and West Germany were reunited in 1990. 84,068,216; 137,852 sq.… …   Universalium

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”