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Former Member
Dec 14, 2010 at 08:10 AM

Prime interest rate or variable interest rates in Money Market

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Hello,

Until today we are using in Money Market with fixed nominal interest.

Now, we have new class of transaction that linkage to prime rate, that have +/- premium.

I know that can define time dependent interest terms by S_ALR_87002510 or OB83, but how can we define in Money Market transaction that the rate is Prime interest with +/- premium

With best regards,

Galia Kizner.