www.dmo.gov.uk - Gilt rates Online
     
 
The DMO is an Executive Agency of Her Majesty's Treasury. The DMO's responsibilities include debt and cash management for the UK Government, lending to local authorities and managing certain public sector funds.
 
         
 
     
 
     
 
www.bba.org.uk - LIBOR rates Online
     
 
The BBA is the leading UK banking and financial services trade association and acts on behalf of its members on domestic and international issues. Our 219 members are from 60 different countries and collectively provide the full range of banking and financial services. They operate some 130 million personal accounts, contribute £35bn to the economy, and together make up the worlds largest international banking centre.
 
         
 
     
 
     
 
www.bankofengland.co.uk - UK Base Rate Online
     
 
The Bank of England is the central bank of the United Kingdom. Sometimes known as the 'Old Lady' of Threadneedle Street, the Bank was founded in 1694, nationalised on 1 March 1946, and gained independence in 1997. Standing at the centre of the UK's financial system, the Bank is committed to promoting and maintaining monetary and financial stability as its contribution to a healthy economy.
 
         
 
     
 
     
 
www.ubs.com - CHF Swap Rates Online
     
 
Indicative average SWAP rates updated daily in CHF
 
         
         
         
 
www.oenb.at - Daily Euro Interest Rate Swap Rates Online
 
 

The Oesterreichische Nationalbank (OeNB) is the central bank of the Republic of Austria and, as such, an integral part of both the European System of Central Banks (ESCB) and the Eurosystem.

In the public interest, the OeNB contributes to monetary and economic policy decision making in Austria and in the euro area. In line with the Federal Act on the Oesterreichische Nationalbank (1984 Nationalbank Act – NBG), the OeNB is a stock corporation. Given its status as a central bank, it is, however, governed by a number of special provisions, as laid down in the Nationalbank Act.

The OeNB’s capital totals EUR 12 million, 70% of which is held by the federal government and 30% of which is owned by employer and employee organizations as well as banks and insurance corporations.

 
       
         
 
     
 
www.federalreserve.gov - Historical Data Online (updated every business day, excl. holidays)
 
 

The Federal Reserve System is the central bank of the United States. It was founded by Congress in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial system. Over the years, its role in banking and the economy has expanded.

Today, the Federal Reserve’s duties fall into four general areas: conducting the nation’s monetary policy by influencing the monetary and credit conditions in the economy in pursuit of maximum employment, stable prices, and moderate long-term interest rates supervising and regulating banking institutions to ensure the safety and soundness of the nation’s banking and financial system and to protect the credit rights of consumers maintaining the stability of the financial system and containing systemic risk that may arise in financial markets providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation’s payments system.

 
         
 
     
 
     
 
www.propertymall.com - Commercial Property Portal
     
 

This website is for everything to do with commercial property and has over 20,000 freely accessible web-pages.

 
         
 
     
 
www.wikipeida.org - Interest Rate Swap Definition
   
 

In the field of derivatives, a popular form of swap is the interest rate swap, in which one party exchanges a stream of interest for another party's stream. These were originally created to allow multi-national companies to evade exchange controls. Interest rate swaps are normally 'fixed against floating', but can also be 'floating against floating' rate.

A single-currency 'fixed against fixed' rate swap would be theoretically possible, but since the entire cash-flow stream can be predicted at the outset there would be no reason to maintain a swap contract as the two parties could just settle for the difference between the present values of the two fixed streams. Because one party would be definitely at a disadvantage in such an exchange, that party would decide not to enter into the deal. Hence, there are no single-currency 'fixed versus fixed' swaps in existence.

If there is an exchange of interest rate obligation, then it is termed a liability swap. If there is an exchange of interest income, then it is an asset swap.

 
       
       
       
 
www.wikipeida.org - Swap (finance) Defintion
   

In finance, a swap is a derivative, where two counterparties exchange one stream of cash flows against another stream. These streams are called the legs of the swap. The cash flows are calculated over a notional principal amount. Swaps are often used to hedge certain risks, for instance interest rate risk. Another use is speculation.

Swaps are over-the-counter (OTC) derivatives. This means that they are negotiated outside exchanges and they cannot be bought and sold like securities or futures contracts. As each swap is a unique contract, the only way to get out of it is by either mutually agreeing to tear it up, or by reassigning the swap to a third party. This latter option is only possible with the consent of the counterparty.

 
       
 
   
 
   
 
www.ft.com - Financial Times Online
   
The Financial Times, recognised worldwide for its authoritative, accurate, and analytical reporting, is one of the world's leading global business news organisations. The newspaper is printed in 23 cities across the world. It has a daily circulation of more than 440,000 copies, more than one million readers and is available in 110 countries. FT.com, the FT website, is the world's leading audited business website, with more than 5.3 million unique users.
 
       
 
   
 
   
 
www.xe.com - World's Favourite Currency Site
   
XE.com have a simple mission: to facilitate global commerce. Since 1993, we have grown to become the world's most popular currency and foreign exchange (fx, or forex) site by developing the powerful and efficient currency services that the new global economy demands. In 2002, we launched XEtrade, our discount on-line foreign exchange payment system. In 2006, we launched XE.com Forex Speculation, our currency speculation service that allows you to buy and sell foreign exchange positions in real time. To meet the needs of currency traders, in early 2007 we launched XE.com Charts and Graphs, offering free to premium charting options.
 
       
       
       
 
www.cml.org.uk - The Council of Mortgage Lenders
 

The Council of Mortgage Lenders is the trade association for the mortgage lending industry, and our members account for around 98% of UK residential mortgage lending.

Our aim is to help to foster a favourable operating environment in the UK housing and mortgage markets. We are the representative voice for the residential mortgage lending industry, and the central provider of economic, statistical, legal, research and other market information.

Our members are banks, building societies and other mortgage lenders. We also have associates, drawn from a variety of related businesses, including lawyers, conveyancers, search companies and management consultants.

 
       
       
 
   
 
www.bloomberg.com - Market Data
   
Bloomberg is the leading global provider of data, news and analytics. The BLOOMBERG TERMINAL and Bloomberg's media services provide real-time and archived financial and market data, pricing, trading, news and communications tools in a single, integrated package to corporations, news organizations, financial and legal professionals and individuals around the world.
 
       
       
       
 
www.boj.or.jp/en/ - Bank of Japan (English)
   

The Bank of Japan is the central bank of Japan. It is a juridical person established based on the Bank of Japan Law, and is not a government agency or a private corporation. The Bank of Japan's missions are to maintain price stability and to ensure the stability of the financial system, thereby laying the foundations for sound economic development by its chater:

  • Issuance and Management of Banknotes
  • Implementation of Monetary Policy
  • Providing Settlement Services and Ensuring the Stability of the Financial System
  • Treasury and Government Securities-Related Operations
  • International Activities
  • Compilation of Data, Economic Analyses and Research Activities