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London Interbank Bid Rate (LIBID) |
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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 MatchesLondon interbank offered rateLondon interbank offered rateThe interest rate that the largest international banks charge each other for loans, usually of Eurodollars. In fact, LIBOR includes rates quoted each day for many currencies, excluding the euro, but it is the rate for dollar loans that is used as a benchmark for other transactions. Interbank rateInterbank rateThe rate of interest charged by a bank on a loan to another bank. See LIBOR. Interbank rateInterbank rateSee: LIBOR Moscow Interbank Currency Exchange (MICEX)Moscow Interbank Currency Exchange (MICEX)Established in 1992, the most liquid and best organized financial exchange in Russia. 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 SuggestionsParis Interbank Offer Rate (PIBOR)Society for Worldwide Interbank Financial Telecommunications Interbank market clearing house interbank payment system Society for Worldwide Interbank Financial Telecommunications (SWIFT) London Interbank Offered Rate (LIBOR) |
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