Lombard rates are interest rates charged by a central bank to smaller lending institutions for loans, which are then passed on to borrowers. The rates are usually set slightly above the standard interest rate and are used to encourage central government lending during periods of financial instability. Critics argue that the system threatens the sovereignty […]

Lombard rates are interest rates charged by central banks to smaller lenders for loans, which they then pass on to borrowers. The rates are set slightly above the standard interest rate and are used to promote borrowing from the central government during times of financial instability. The US and Germany are the most recognized countries […]