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LIBOR stands for London InterBank Offered Rate. It is the interest rate at which banks borrow money from one another when they are short of cash or have surplus.
The LIBOR is widely used as a reference rate for financial instruments such as
· forward rate agreements
· short-term-interest-rate futures contracts
· interest rate swaps
· inflation swaps
· floating rate notes
· syndicated loans
· variable rate mortgages
· currencies, especially the US dollar
What else can I help you with?
What does the Libor rate stand for?
The Libor rate is the Libor interest rate used by the banking and mortgage industries. This means that it has something to do with money and homes. It is also a percentage.
What causes the Libor to increase or decrease?
* The Libor rise is simply the result of continued concern over the health of the banking system. Banks are demanding higher rates to lend to each other. In fact, the term Libor markets have effectively seized up with very little trading happening
How much percent means libor plus 200bps?
2
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
Is Bob Diamond Jewish?
Assuming you're talking about Bob Diamond of the current LIBOR banking scandal, no, he's not Jewish. He is of (non-Jewish) Irish and Scottish descent.
When was Libor Charfreitag born?
Libor Charfreitag was born in 1977.
When was Libor Rouček born?
Libor Rouček was born in 1954.
When was Libor Capalini born?
Libor Capalini was born in 1973.
When was Libor Procházka born?
Libor Procházka was born in 1974.
When was Libor Barta born?
Libor Barta was born in 1967.
When did Libor Fára die?
Libor Fára died in 1988.
