Stress Test Data Framework Dictionary 2021: Version 02

ReferenceRateTypesALMBSEVS

Enumeration Definition
Administered rate The pricing of these products may not be contractually linked to any reference rate but at the discretion of the firm.
Fixed Zero interest is considered fixed rate.
Fixed rate
Floating The pricing on these items is contractually linked to an external reference rate (e.g. Bank Rate in the UK).
Interest bearing Interest bearing balance sheet items such as interest bearing current accounts or interest bearing credit card balances. Current accounts paying very low interest rate e.g. less than 0.1% may be included as non-interest bearing balances.
Non interest bearing Non-interest bearing balance sheet items such as non-interest bearing current accounts or non-interest bearing credit card balances. Current accounts paying very low interest rate e.g. less than 0.1% may be included here.
Tracker The pricing on these items is contractually linked to an external reference rate (e.g. Bank Rate in the UK).
Variable or floating rate The pricing on these items is contractually linked to an external reference rate (e.g. 3m LIBOR).