What is meant by call money rate

Definition: Call money rate is the rate at which short term funds are borrowed and lent in the money market. Description: The duration of the call money loan is 1 day. Banks resort to these type of loans to fill the asset liability mismatch, comply with the statutory CRR and SLR requirements and to meet the sudden demand of funds. What is Call Money. Call money is money loaned by a bank that must be repaid on demand. Unlike a term loan, which has a set maturity and payment schedule, call money does not have to follow a fixed schedule, nor does the lender have to provide any notice of repayment.

Cme eurodollar futures contract size

No trading of CME X-Fund Index Futures contracts for the April 4, 2005 - April Technical amendments to certain delivery specifications for CBOT Ethanol futures. Rule Numbers - Chapter 452A01 Options on Three-Month Eurodollar Futures  Eurodollar interbank deposit having approximately $1 million principal value, for contract. Product Code. CME Globex: GE. CME ClearPort: ED. Clearing: ED. 8 Nov 2019 CME's eurodollar futures and options trading activity continues to grow, with the third-quarter volume 37 percent larger than the year-earlier