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Benchmark İnterest Rate
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Benchmark İnterest Rate
07-23-2012
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Prof. Dr. Sinsi
Benchmark İnterest Rate
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Also called the base interest rate, it is the minimum interest rate investors will demand for investing in a non-Treasury security
It is also tied to the yield to maturity offered on a comparable- maturity Treasury security that was most recently issued (" on-the-run")
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