Lease rates displayed are an indication only of bank to bank borrowing charges. The degree to which lease rates may be displayed as negative would suggest the degree to which there is a lack of demand to borrow the metal.
The following market indications are provided courtesy of
the London Bullion Market Association
Dec 14, 2010
Gold
Forward Rate
Lease Rate
1 month
0.52750
-0.26687
2 month
0.54000
-0.25937
3 month
0.55500
-0.25312
6 month
0.61250
-0.15631
1 year
0.71250
0.07125
http://www.kitco.com/market/LFrate.html
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