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 Matches

Interbank rate

Interbank rate

See: 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.


London interbank offered rate

London interbank offered rate

The 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 market

Interbank market

Financial institutions exchange of currencies between and among themselves.


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

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


 
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