I want to lend M$1k-M$100k of mana. What is the highest monthly interest rate I'll be offered?
5
130แน€178
resolved Nov 19
Resolved as
1.0%

If you want to borrow mana from me, use this form to submit a bid: https://forms.gle/jQiMRa3JWvaVM1pDA. You may also comment a bid with the same info.

Resolves to the highest monthly interest rate bid for a loan with duration of at least 1 month, at end of day Nov 8. (I can make shorter-term loans, but they will not count for resolution of this question.)

Fine print:

  • Interest rates will be calculated with monthly compounding for the purposes of this question, if it matters.

  • Only confirmed bids (ones that I actually accept or could have accepted) will count, withdrawn bids will be excluded. I'll check before resolution whether the offer still remains on the table.

  • I may decide to take as many offers as I wish, potentially including none. Even if I take none, the market will still resolve to the highest bid I could have taken.

  • If the resolution value is outside [0%, 100%] then the resolution will be clipped to this range.

  • Resolves N/A if no valid bids are submitted for a >=1 month duration loan.

Loans can be issued via this method to eliminate default risk: https://manifold.markets/Yev/i-want-to-invest-m1000-for-1-week-h#eJZMtOoAe4fI98fEFEhz

(This is very much like a bond auction, but I've used borrowing/lending terminology since that's more familiar for most people.)

Related:

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