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)

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Further Suggestions

Interbank rate
Clearing House Interbank Payments System (CHIPS)
Interbank rate
London interbank offered rate
London Interbank Bid Rate (LIBID)
clearing house interbank payment system


 
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