Target range (SNB)

from Wikipedia, the free encyclopedia

The target range is an instrument of the Swiss National Bank (SNB) for controlling interest rates on the money market .

As part of its monetary policy concept, the SNB generally sets a target range of one percentage point for the three-month Libor .

Individual evidence

  1. ↑ SNB glossary ( memento of February 17, 2015 in the Internet Archive ) (a collection of terms that require explanation, accessed on January 31, 2015).