![Base Rate (BOE rate)](https://img-cdn.financeunlocked.com/headers-images/euromoney/4.jpg?ik-sdk-version=javascript-1.0.3)
Base Rate (BOE rate)
A base rate is the interest rate set by central banks. Base rates are used as benchmarks for commercial interest rates.
Base Rate (BOE rate)
A base rate is the interest rate set by central banks. Base rates are used as benchmarks for commercial interest rates.