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fix interest rate vs set interest rate

Both "fix interest rate" and "set interest rate" are correct phrases, but they are used in different contexts. "Fix interest rate" is commonly used when referring to locking in an interest rate for a period of time, while "set interest rate" is more general and can refer to establishing or determining an interest rate.

Last updated: April 01, 2024 • 544 views

fix interest rate

This phrase is correct and commonly used when referring to locking in an interest rate for a period of time.

This phrase is used when you want to indicate that an interest rate has been set and will remain unchanged for a specific duration.

Examples:

  • I decided to fix the interest rate on my mortgage for the next five years.
  • The bank offered to fix the interest rate on the loan at 3% for the first year.
  • It's a good idea to fix the interest rate on your savings account to protect against fluctuations.
  • (11) In accordance with general financial practice it is appropriate to fix the recovery interest rate as an annual percentage rate.
  • However, if the Commission finds that the level of interest rates for the Member State concerned is lower than the uniform rate, it shall fix the interest rate for that Member State at the lower level.
  • The Board of Directors shall take decisions in respect of granting finance, in particular in the form of loans and guarantees, and raising loans; it shall fix the interest rates on loans granted and the commission and other charges.
  • For the purposes of calculating the financing costs to be borne by the EAGF for the funds mobilised by the Member State for buying in products, the Commission shall fix a uniform interest rate throughout the Community at the beginning of every accounting year.
  • Interest rate policies were implemented accordingly.
  • For interest rates, BayernLB's projections start from the current very low interest rate environment.
  • Special loans shall bear interest at 4 % per annum, unless the Board of Governors, taking into account the trend and level of interest rates on the capital markets, decides to fix a different rate.
  • The nominal risk-free interest rate includes the effect of inflation.
  • Already the ECB is considering raising interest rates.
  • Date of third interest rate change.
  • BNG's interest rate is slightly smaller.
  • Furthermore, official interest rates were reduced in all four countries.
  • Interest rates data are submitted as percentages.
  • Even infinite interest rates can be used.
  • An adjustment of interest rates was therefore warranted.
  • In some cases, the entity enters into interest rate swaps to change the interest rate on particular financial assets in a portfolio from a floating interest rate to a fixed interest rate.
  • Amendments to basic and reference interest rates.
  • Article 14 Interest rate futures 1.
  • Article 16 Interest rate swaps 1.
  • Article 15 Interest rate futures 1.

Alternatives:

  • lock in the interest rate
  • secure the interest rate
  • guarantee the interest rate
  • stabilize the interest rate
  • freeze the interest rate

set interest rate

This phrase is correct and more general, as it can refer to establishing or determining an interest rate.

This phrase is used when you want to indicate the action of establishing or determining an interest rate, without specifying if it will remain unchanged.

Examples:

  • The central bank decided to set the interest rate at 2%.
  • The company can set the interest rate based on market conditions.
  • It's important to carefully set the interest rate to attract investors.
  • In some jurisdictions, the government or a regulatory authority sets interest rates.
  • Its powers must be limited to monetary issues, that is to maintaining price stability, and its exclusive power to set interest rates.
  • All things considered, an independent Scotland would be best served by issuing its own national currency from the outset, empowering the National Bank of Scotland to set interest rates according to domestic economic conditions.
  • The dismissal of two vice-presidents of the Monetary Policy Council, the body which sets interest rates, does not appear to us to be at all in keeping with the independence guaranteed under the Treaty of Maastricht.
  • No, basically it's a health and profit bank, that sets interest rate and loans money to other banks.
  • The Bank of England cannot set an interest rate suitable for the whole country.
  • It has no power to set interest rates, no power over exchange rates, little power over government spending restricted by the Stability Pact and, if many people in this Parliament had their way, it would have no power over its own tax rates.
  • The president of the New York Fed is a permanent voting member and vice chairman of the Federal Open Market Committee, which sets interest rates, whereas other regional Fed presidents are voting members only on a rotating basis.
  • The State set the interest rate on the Livret bleu at a level above inflation, indexed to the money market.
  • A new methodology to set the interest rate caps is currently being applied to guaranteed loans.
  • The Bank of England introduces new daily intervention operations in order to set official interest rates and to supply liquidity to the clearing banks.
  • This thorough analysis enables the ECB to set its interest rates at a level that best serves the maintenance of price stability.
  • Under this scheme, the SBP mandatorily sets maximum ceiling interest rates applicable to long-term loans.
  • This Regulation provides for the introduction of a comprehensive new set of interest rate statistics on MFI loan and deposit business, which is harmonised, complete, detailed and able to cope with financial innovation.
  • At the Fed, the staff present their own economic forecasts to the FOMC, without input from the policymakers who set the interest rate.
  • The Commission notes that the Belgian authorities set the interest rate on the loan granted on 31 August 2009 at 4,7 %.
  • As regards ECS in foreign currency, the Reserve Bank of India (RBI) sets maximum ceiling interest rates applicable to export credits which commercial banks can charge an exporter.
  • They will also provide the banking sector and the general public with a single set of comparable interest rate statistics across the euro area.
  • The State Bank of Vietnam sets the maximum interest rates which the commercial banks can charge for loans to some entities [8].
  • Efforts to develop the most representative and comparable set of long-term interest rates continue.

Alternatives:

  • establish the interest rate
  • determine the interest rate
  • fix the interest rate temporarily
  • decide on the interest rate
  • assign the interest rate

Related Comparisons

apply interest rate vs charge interest rate set interest rate vs apply interest rate annual percentage rate vs annual interest rate floating interest rate vs floating rate of interest with interest rate vs with the interest rate with interest rate vs by interest rate

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