The rate that Bank One borrows a Fed Fund rate from Bank Two for overnight...

60.1K

Verified Solution

Question

Finance

The rate that Bank One borrows a Fed Fund rate from Bank Two for overnight reserves is also called ___.

A. A repo rate

B. A reverse repo rate

C. Brokers call money rate

D. A bankers acceptance rate

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students