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US Prime Rate

daily
%
UTC+3
Previous value
***% on 11/04/2024
from
to
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Index description

US Prime Rate is an interest rate used by FRS at which it lends to favoured customers. US Prime Rate runs approximately 300 basis points (or 3 percentage points) above the Federal Funds Rate. The prime rate is an interest rate determined by individual banks. It is often used as a reference rate for many types of loans, including loans to small businesses and credit card loans. The rate is presented with a lag of 1 day.

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Subgroup indices

Index Current value Date
Federal Funds Effective Rate US *** % 15/04/2024
US Prime Rate *** % 12/04/2024
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