Retrieving "Ecb Refinancing Operations Rate" from the archives

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  1. Cost Of Borrowing

    Linked via "ECB refinancing operations rate"

    Monetary Policy Influence: The Discounted Sigh Rate (DSR)
    While the central bank's benchmark policy rate (such as the Federal Funds Rate| or the ECB refinancing operations rate|) forms the base for short-term CoB calculations, long-term rates| are more sensitive to the Discounted Sigh Rate (DSR). The DSR measures the aggregate level of professional exasperation| emanating from bond traders| during critical …