LIBOR

From Citizendium
Revision as of 16:25, 21 January 2010 by imported>Nick Gardner (New page: {{subpages}} <!-- Text is transcluded from the LIBOR/Definition subpage-->)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

LIBOR [r]: (London Interbank Offer Rate) the rate of interest at which a group of banks (16 banks from seven countries, including the United States, Switzerland and Germany) are willing to lend to each other for periods ranging from a day to a year . [e]

This article contains just a definition and optionally other subpages (such as a list of related articles), but no metadata. Create the metadata page if you want to expand this into a full article.