单词 | Lombard rate |
释义 | Lombard rate Lombard rate1. The rate of interest at which the German central bank, the Bundesbank, lends to German commercial banks, usually ½% above the discount rate. Lombard Street The street in the City of London that is the traditional centre of the money market. Many commercial banks have offices in or near Lombard Street, as do many bill brokers and discount houses. The Bank of England is round the corner. |
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