All Lombard interest rates are calculated with reference to the following rates:

  • FHBR
    This is the base rate of the Finance and Leasing Association. To view the current FHBR and for further information about how it is calculated please visit www.fla.org.uk/research/FHBR
  • NWBR
    This is the base rate of the National Westminster Bank Plc and changes when the Bank of England base rate changes. The current NWBR rate is 0.5%
  • ICE LIBOR*

    ICE LIBOR is the London Interbank offered rate administered by the ICE Benchmark Administration Limited. ICE LIBOR (formerly known as BBA LIBOR) provides an indication of the average rate at which a LIBOR contributor bank can obtain unsecured funding in the London interbank market for a given period, in a given currency. Individual ICE LIBOR rates are the end-product of a calculation based upon submissions from LIBOR contributor banks. The ICE LIBOR rates are displayed in the table below, please refer to the agreement documentation for further information about which rates apply to your agreement. To view further information about LIBOR please visit https://www.theice.com/iba.jhtml.

    *ICE Disclaimer

    "ICE BENCHMARK ADMINISTRATION LIMITED MAKES NO WARRANTY, EXPRESS OR IMPLIED, EITHER AS TO THE RESULTS TO BE OBTAINED FROM THE USE OF ICE LIBOR AND/OR THE FIGURE AT WHICH ICE LIBOR STANDS AT ANY PARTICULAR TIME ON ANY PARTICULAR DAY OR OTHERWISE. ICE BENCHMARK ADMINISTRATION LIMITED MAKES NO EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE IN RESPECT OF ANY USE OF ICE LIBOR."

Current Government guidelines for banks provide that we are not permitted to disclose changes to the RBS Libor rate immediately. The rates published on this website are related to RBS LIBOR rates, you must keep these rates confidential for a period of 3 months from the date the rate is applied and within that 3 month period you must not disclose these rates to anyone (other than your employees as required to manage and administer the underlying loan if you operate as a business) except as required by law or regulation.

Assets you can fund with Lombard

Security may be required and product fees may apply.