Interbank market

 

Home
Site Map
Add Term
Search
About Us
Contributors

Interbank market

Financial institutions exchange of currencies between and among themselves.



Interbank market

Similar Matches

Paris Interbank Offer Rate (PIBOR)

Paris Interbank Offer Rate (PIBOR)

The deposit rate on interbank transactions in the Eurocurrency market quoted in Paris.


London Interbank Bid Rate (LIBID)

London Interbank Bid Rate (LIBID)

The bid rate that a Euromarket bank is willing to pay to attract a deposit from another Euromarket bank in London. Related: LIBOR.


Society for Worldwide Interbank Financial Telecommunications

Society for Worldwide Interbank Financial Telecommunications

An international body which sets protocols and standards for international payment systems, such as electronic money transfers.


Society for Worldwide Interbank Financial Telecommunications (SWIFT)

Society for Worldwide Interbank Financial Telecommunications (SWIFT)

A dedicated computer network to support funds transfer messages internationally between over 900 member banks world-wide.


London Interbank Offered Rate (LIBOR)

London Interbank Offered Rate (LIBOR)

The rate of interest that major international banks in London charge each other for borrowings. Many variable interest rates in the US are based on spreads off LIBOR. By contrast with the bid rate LIBID quoted by banks seeking such deposits.


Further Suggestions

London interbank offered rate
Interbank rate
Interbank rate
Moscow Interbank Currency Exchange (MICEX)
Clearing House Interbank Payments System (CHIPS)
clearing house interbank payment system


 
All rights Reserved. Do not copy without permission.