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 Matches

Paris Interbank Offer Rate (PIBOR)

Paris Interbank Offer Rate (PIBOR)

The deposit rate on interbank transactions in the Eurocurrency market quoted in Paris.


Interbank rate

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London Interbank Bid Rate (LIBID)

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.


Clearing House Interbank Payments System (CHIPS)

Clearing House Interbank Payments System (CHIPS)

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Moscow Interbank Currency Exchange (MICEX)

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Further Suggestions

Interbank market
Society for Worldwide Interbank Financial Telecommunications (SWIFT)
Interbank rate
London interbank offered rate
Society for Worldwide Interbank Financial Telecommunications
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