Lombard rate - Mainly applies to international equities. Interest rate used by the German Bundesbank to form an upper limit to the day-to-day money rate, since no bank will pay higher rates in the money market than it has to pay for very short-term recourse to Lombard credit.
Lombard rate : mainly applies to international equities. interest rate used by the german bundesbank to form an upper limit to the day-to-day money rate, since no bank will pay higher rates in the money market than it has to pay for very short-term recourse to lombard credit.
Lombard rate