Reference interest rates popup

Marine finance: reference interest rates

All our agreements make reference to either LIBOR (sterling, euro and US dollar), Finance House base rate or the Bank of England base rate.

 

Finance House base rate

The Finance House base rate (FHBR) 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 the Finance and Leasing Association website.

 

The Bank of England base rate

The Bank of England base rate and further information about it can be found on the Bank of England's website.

 

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 product of a calculation based on submissions from LIBOR contributor banks. For further information about LIBOR please visit the ICE website.

 

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 wich 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."

 

View ICE LIBOR interest rates
Reference interest rates

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

 

Finance House base rate

The FHBR 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 the Finance and Leasing Association website.

 

National Westminster Bank base rate

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 product of a calculation based on submissions from LIBOR contributor banks. For further information about LIBOR please visit the ICE website.

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 wich 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."

 

View ICE LIBOR interest rates
Set Tab for lightbox