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London Interbank Offered Rate (LIBOR) |
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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.London Interbank Offered Rate (LIBOR) Similar MatchesParis Interbank Offer Rate (PIBOR)Paris Interbank Offer Rate (PIBOR)The deposit rate on interbank transactions in the Eurocurrency market quoted in Paris. 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 payment systemClearing house interbank payment systemA computerised payment system for clearing cheques in New York. Society for Worldwide Interbank Financial TelecommunicationsSociety for Worldwide Interbank Financial TelecommunicationsAn international body which sets protocols and standards for international payment systems, such as electronic money transfers. Interbank rateInterbank rateSee: LIBOR Further SuggestionsLondon Interbank Bid Rate (LIBID)Clearing House Interbank Payments System (CHIPS) Society for Worldwide Interbank Financial Telecommunications (SWIFT) Interbank market London interbank offered rate Interbank rate |
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