Interbank rate

 

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Interbank rate

The rate of interest charged by a bank on a loan to another bank. See LIBOR.

Interbank rate

See: LIBOR



Interbank rate

Similar Matches

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.


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.


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.


Clearing house interbank payment system

Clearing house interbank payment system

A computerised payment system for clearing cheques in New York.


Paris Interbank Offer Rate (PIBOR)

Paris Interbank Offer Rate (PIBOR)

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


Further Suggestions

Moscow Interbank Currency Exchange (MICEX)
Interbank market
Society for Worldwide Interbank Financial Telecommunications (SWIFT)
Clearing House Interbank Payments System (CHIPS)
London interbank offered rate


 
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