What is the MaxBips Base Rate?
The MaxBips Base Rate is an index we have created to track short term interest rates. It is the only index of its kind and composed of the interest rate offered on £100,000 for 90 days from the dominant commercial banks.It provides a reference for depositors to determine whether they are receiving a fair return on their surplus cash.For an extended history of the MaxBips Base Rate and information on its composition sign-up to access our treasury tools area.
The MaxBips Base Rate is an index we have created to track short term interest rates. It is the only index of its kind and composed of the interest rates offered on £100,000 for 90 days from the dominant commercial banks. It provides a reference for depositors to which to compare other rates. For an extended history of the MaxBips Base Rate and information on its composition sign-up to access our treasury tools area.
