FTB-C000185 / Market data field

Financing Rate

A financing rate is the declared interest rate used to represent the cost or credit of funding an exposure.

Also known asfunding ratefinancing cost rate

Intermediate 6 linked topicsPublished

Definitions

In plain terms

Leveraged or excess-return indices may subtract an accrued financing amount based on this rate.

Technical

The field requires rate index or source, currency, tenor, fixing time, spread, day-count convention, business-day adjustment, compounding, fallback, and effective interval.

Scope

It is not automatically the same as a risk-free, policy, deposit, or investor borrowing rate.

Examples

  • A governed methodology records financing rate with its source, cutoff, units, parameters, and effective version.

Common misconceptions

  • Financing Rate does not have one universal implementation without the declared methodology, data basis, and constraints.

Concept relationships

Related

Required by

Where this concept is used

Tutorials planned

These catalogued topics use this concept, but their complete build has not shipped yet.

  • D03-F04-A04 Important
  • D03-F04-A07 Important
  • D03-F05-A01 Important
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Evidence and governance

  1. S&P Dow Jones Indices Index Mathematics Methodology S&P Dow Jones Indices · first party methodology

    Supports: preferred label, short definition, technical definition

    Limits: Authoritative for the provider's indices; conventions are not universal defaults for every index or security-level return series.

  2. Fintech Builder Glossary Definition Contract The Fintech Builder · internal governed contract

    Supports: variant distinction

    Limits: Defines governed platform behavior rather than claiming these policies are universally prescribed by external McClellan methodology.

Reviewed by
fintech-builder-batch-004
Last reviewed
2026-07-27
Next review
2027-07-27
Record status
published
Written by

Fintech engineer building market-data and financial systems, and the author of every article, glossary record, and reference implementation on The Fintech Builder.