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LeoGlossary: Interest Rate On Excess Balances (IOER rate)

-2
3 years ago
inLeoFinance

The interest rate determined by the Board of Governors that is used to calculate interest payments associated with an excess balance.

LeoFinanceleoglossaryinvestmentbankfedglossaryoierfedinterestratereservesexcessleofinance
3 years ago
leoglossary-2
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