75.3k views
1 vote
"The interest rate charged from the banks to broker-dealers on loans where securities are collateral is the:"

1 Answer

1 vote

Answer: broker loan rate

Step-by-step explanation:

The broker loan rate is also refered to the call loan rate and it is the interest rate that is charged from the banks to broker-dealers on loans where securities are collateral.

It should be noted that the iterest rates that are given on broker loan rates are just a little above the short term interest rates.

User Nilesh Rathore
by
8.5k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories