Financial Glossary

Prime Rate

Bank of Israel's base rate plus the bank's margin. Prime tracks are not CPI-linked but change with every rate decision — flexibility in exchange for uncertainty.

Category
Mortgage & Real Estate
Hebrew
ריבית פריים
English
Prime Rate

Related terms

Interest Track

Mortgage components: fixed unlinked, Prime (moves with Bank of Israel), CPI-linked, variable. A balanced mix spreads risk across tracks.

Inflation

A general rise in prices that erodes the purchasing power of idle money. In Israel, the CBS (Central Bureau of Statistics) measures it via the Consumer Price Index.

All terms in this category

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