Indexed Interest Rate Concept
Fully Indexed Interest Rate designates an interest rate normally used in loan contracts (especially in the mortgage loans) and sometimes also in deposits contracts, which is automatically reviewed depending on the evolution of the market reference rate (designated by indexed) to which is associated (for example, Euribor). The aim of the indexation of the interest rate to a reference rate is to adjust the price of money to the conditions of the financial market at each time.
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