The Reserve Bank lends money to banks at the ‘repo rate’, the banks add 3.5% to create the ‘prime rate’ – which we hear when ...

Explore how the prime rate influences consumer loans like mortgages, versus the repo rate's role in managing the money supply ...

South African banking customers have been paying a prime rate of the repo rate plus 3.5% since 2001. Is it time for a change?

Yields on U.S. government debt rise a hair as one threat to the market recedes: spillover from year-end funding pressure in the repo market. Benchmark repo rates looked a bit squeezed on Wednesday and ...

Changing the prime interest benchmark may alter optics and signalling, but it will not reduce borrowing costs in any durable way, writes Stuart Theobald.