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Overnight rate - WikipediaOvernight Rate Definition - rate - WikipediaOvernight Rate Definition - interbank lending market is a market in which banks lend funds to one another for a specified term. Most interbank loans are for maturities of one week or less, the majority being over day. Such loans are made at the interbank rate (also called the overnight rate if the term of the loan is overnight). A sharp decline in transaction volume in this market was a major contributing factor to the collapse of several financial institutions during the financial crisis of 2007–2008. are overnight loans between banks It is NOT loans made by the Federal from ECON 3010 at University of South Carolina, UpstateThe interest rate the central bank of a country sets to target monetary policy is the overnight are generally free to determine the interest rate they will pay for deposits and charge for loans, but they must take the competition into account, as well as the market levels for nu

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