Followers

Friday, 29 March 2019

LIBOR

London interbank offered rate

LIBOR is accronym of London interbank offered Rate.
 LIBOR is the interest rate at which banks borrow money from another bank for short-term loans globally.
It is the average interest rate at which major global banks borrow from one another.

 
Also see related posts:
MIBOR
DII's and FII's
Swaps
Types of derivatives 

No comments: