BBA_LIBOR BBA_LIBOR

BBA LIBOR - Definition and Overview

LIBOR stands for the London Interbank Offered Rate and is the rate of interest at which banks borrow funds from other banks in the London wholesale (or "interbank") money market.

The British Bankers Association (BBA) LIBOR rate is a widely used reference rate for forward rate agreements, and interest rate swaps.

It is based on inter-bank deposit rates offered by designated contributor banks. It is compiled by the BBA and released to the market at about 11:00 each day.

For a precise definition of BBA LIBOR, see the BBA website.

External links

Example Usage of LIBOR
csfreedom: RT @nacu @MaidenaBlue Puedes verte una peli mientras te lees un LIBOR y entre pagina y página tuiteas... :P/ Yo también quiero multitarea!!
laptop2910: RT @stockmarketing Stocks in Action: 1 and 3 Month LIBOR Rates 12/11/09 Today’s LIBOR Rates: http://twa.lk/v6K80 http://twa.lk/wLsF8
market_soonchei: RT @stockmarketing Stocks in Action: 1 and 3 Month LIBOR Rates 12/11/09 Today’s LIBOR Rates: http://twa.lk/v6K80
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