6. Benchmark Rates

This is similar to a FX fixing rate covered in the Wholesale FX module.

The syndicated loan market is an interbank market where lenders work together to provide funds to a wholesale borrower. The market enables lenders to distribute the risk of large issuances

Under derivatives are mostly swaps and futures and ‘other financial products‘ include retail mortgages and floating-rate debt.

(the rates weren’t being transacted on)

Generic Interbank Offered Rate