---
title: "Configure benchmark rate"
method: POST
path: "/v1/interest/benchmark-rate"
tags: ["Benchmark rate"]
---

# Configure benchmark rate

`POST /v1/interest/benchmark-rate`

## Request

- Base URL: `https://sandbox.pismolabs.io/interest-engine`
- URL: `https://sandbox.pismolabs.io/interest-engine/v1/interest/benchmark-rate`
- Auth: HTTP bearer

Configure the benchmark rate and its start date. Used to calculate interest accual for floating and hybrid investments.

## Request body

- BenchmarkRateRequest
  - `benchmark` 'BOE' | 'DI' | 'FED' | 'RBA' | 'RBI' | 'TO', required: Market index used to measure interest value over time. - `BOE`: Bank of England, UK - `DI`: Interbank Deposit Contract, Brazil - `FED`: Federal Reserve System, USA - `RBA`: Reserve Bank of Australia - `RBI`: Reserve Bank of India - `TO`: Overnight Interbank Target Rate (Tasa Objetivo), Mexico
  - `benchmark_rate` number, double, required: Annual market index rate
  - `start_date` string, date, required: Date to start applying the benchmark rate in the accrual process. Format = YYYY-MM-DD.

## Response `200`

OK

- BenchmarkRateResponse
  - `benchmark_rate` number, double: Annual market index rate
  - `start_date` string, date: Date to start applying the benchmark rate in the accrual process. Format = YYYY-MM-DD.
  - `version` string: Benchmark rate version. Format = YYYY-MM.

## Other responses

- `400`: Bad request
- `401`: Unauthorized. The response body is produced by the upstream authentication gateway and is not defined by this service.
- `404`: Not found
- `500`: Internal server error

---

[API](https://skmtc.dev/pismo/apis/banking-interest-engine.md) - [All operations](https://skmtc.dev/pismo/apis/banking-interest-engine/llms.txt) - [OpenAPI document](https://skmtc.dev/pismo/apis/banking-interest-engine/revisions/50c20b2cac0c?raw)