Glossary
Opinions
Articles
Beginners Course
Lecture Modules - PDS
Exams
New Highs
Winning Shares
Lecture Modules - Resellers
About - Background Approach
Privacy Policy
Daily Quiz
Software Download Steps
Logout
Dashboard
Log out
The rate of interest which commercial banks charges to its most credit-worthy clients. This rate is usually 3,5% above the repo rate. The difference between the prime overdraft rate and the repo rate is the bank's "mismatch factor" and allows the bank to make a profit.