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HOME BUSINESS INSURANCE PROGRAM RATING GUIDEMississippiPremium Calculation Instructions Step 1. Determine the rate group by referring to the Eligible Businesses list located on pages 2 and 3. Step

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What is base rate?

Base rate is the minimum interest rate set by a central bank for lending to other banks or financial institutions.

Who is required to file base rate?

Financial institutions and banks are required to file base rate.

How to fill out base rate?

Base rate can be filled out by providing details of the minimum interest rate set by the central bank for lending.

What is the purpose of base rate?

The purpose of base rate is to provide a transparent and standardized mechanism for setting interest rates in the financial industry.

What information must be reported on base rate?

The information reported on base rate includes the minimum interest rate set by the central bank and any adjustments made.

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