Interest rate benchmarks

A worldwide transition of interest rate benchmarks, such as EURIBOR, LIBOR and EONIA, is currently taking place. This may impact your ABN AMRO products and services. 

 

What are interest rate benchmarks?

Interest rate benchmarks, also known as base rates, reference rates or interest rates, are globally used as a basis to determine amounts payable, in particular interest payable, for a wide range of financial products. These include foreign exchange accounts, overdrafts, term loans, derivatives, structured products and retail mortgages. For example, the interest due is based on an interest rate benchmark such as EURIBOR or LIBOR plus a margin.