answersLogoWhite

0


Best Answer

LIBOR index is the London Interbank Offered Rate. It is used as a reference of the interest rate at which the banks will lend money to each other. The LIBOR index changes daily.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What can I use the LIBOR index for?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is meant with libor rate history in finances?

Libor rate history in finances is a common interest rate index, which is used to adjust adjustable mortgagee rates. The importance of libor rate history when referring to finances is important to investors as well as business owners who are a part of the indexes.


What is a libor index used for?

LIBOR stands for London Inter-Bank Offered Rates. The index is the interest rate that a group of certain London-area banks are willing to pay for US currency deposits. It is used to set adjustable interest rates for a variety of loans. http://mortgage.lovetoknow.com/Libor_Index


When was Libor created?

Libor was created in 1984.


Where to get libor rates?

LIBOR rates are published everyday at 11GMT. Check the related links on where to find the LIBOR information


When was Libor Charfreitag born?

Libor Charfreitag was born in 1977.


When was Libor Dvořák born?

Libor Dvořák was born in 1957.


When was Libor Zábranský born?

Libor Zábranský was born in 1973.


When was Libor Capalini born?

Libor Capalini was born in 1973.


When was Libor Rouček born?

Libor Rouček was born in 1954.


When was Libor Procházka born?

Libor Procházka was born in 1974.


When was Ullrich Libor born?

Ullrich Libor was born in 1940.


When was Libor Nováček born?

Libor Nováček was born in 1978.