# Minimum bid rate

- Canonical URL: https://www.gerhardmerk.de/minimum-bid-rate
- Post ID: 587296
- Modified: 2023-07-25T21:03:20+00:00
- Language: en

## Definition

The lowest interest rate at which counterparties may submit bids in a variable rate tender. - At the ECB, this rate has taken over the key interest rate function previously performed by the fixed rate tender rate. - See EONIA, money market operations, fixed rate tender, overnight rate, variable rate tender. - See the current minimum bid rate in the annex "Euro area statistics," section "Monetary statistics" of the respective ECB Monthly Bulletin, ECB Monthly Bulletin February 2005, pp. 69 et seq. (explanatory notes). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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