Exchange Currency

LIBOR

London Inter-Bank Offer Rate. The interest rate that the banks charge each other for loans (usually in Eurodollars). This rate is applicable to the short-term international interbank market, and applies to very large loans borrowed for anywhere from one day to five years. This market allows banks with liquidity requirements to borrow quickly from other banks with surpluses, enabling banks to avoid holding excessively large amounts of their asset base as liquid assets. The LIBOR is officially fixed once a day by a small group of large London banks, but the rate changes throughout the day.

Related information about LIBOR:
  1. Libor - Wikipedia, the free encyclopedia
    Libor rates are calculated for ten currencies and 15 borrowing periods ranging from overnight to one year and are published daily at 11:30 am (London time) by ...
     
  2. LIBOR | 1 Month Libor 3 Rate 6 Month Rates Bond Index Current ...
    Bankrate.com reports and defines Libor interest rate indexes used by the banking and mortgage industries.
     
  3. London Interbank Offered Rate (LIBOR) Definition | Investopedia
    An interest rate at which banks can borrow funds, in marketable size, from other banks in the London interbank market. The LIBOR is fixed on a daily basis by the ...
     
  4. 1 Year LIBOR - Rate, Definition & Historical Graph
    1 Year LIBOR- current & historical published by MoneyCafe.com.
     
  5. BBA LIBOR USD 3 Month Analysis - US0003M - Bloomberg
    Analysis & trends for BBA LIBOR USD 3 Month (US0003M) including current rate, chart, profile, news and other data.
     
  6. LIBOR Rates History (Historical)
    LIBOR Rate History - Historical LIBOR Rate Information: A Complete and Comprehensive History of The London Interbank Offered Rates (LIBOR) Inlcuding The ...
     
  7. Barclays Disciplines 13 Staff Over Libor Case - WSJ.com
    2 days ago ... Barclays has disciplined 13 members of staff in relation to allegations of rate- fixing, the head of its investment bank said, as the U.K. bank seeks ...
     
  8. Mortgage (ARM) Indexes: London Inter Bank Offering Rate (LIBOR ...
    All about the London Inter Bank Offering Rate (LIBOR): market characteristics, volatility, historical data, graph, advantages of ARMs tied to the LIBOR.