London Interbank Bid Rate (LIBID)

 

Home
Site Map
Add Term
Search
About Us
Contributors

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 Bid Rate (LIBID)

Similar Matches

Interbank rate

Interbank rate

See: LIBOR


Interbank rate

Interbank rate

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


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.


Clearing House Interbank Payments System (CHIPS)

Clearing House Interbank Payments System (CHIPS)

An international wire transfer system for high-value payments operated by a group of major banks.


Further Suggestions

Paris Interbank Offer Rate (PIBOR)
London interbank offered rate
clearing house interbank payment system
Society for Worldwide Interbank Financial Telecommunications
Interbank market
Moscow Interbank Currency Exchange (MICEX)


 
All rights Reserved. Do not copy without permission.