Preferred benchmark rate equals 100 basis points plus the largest rate in the set of rates.
Alternative benchmark rate equals the larger of the preferred benchmark rate and the Baa corporate bond yield.
Source: Anderson, Richard G.
Source: Jones, Barry E.
Release: Monetary Services Index (MSI)
Anderson, Richard G. and Jones, Barry E., Real User Cost Index of MSI-M1 (alternative) [OCM1A], retrieved from FRED, Federal Reserve Bank of St. Louis https://research.stlouisfed.org/fred2/series/OCM1A, February 11, 2016.