LIBID - Revision history

Doug: Update for cessation of LIBOR.

2024-10-04T07:05:08Z

Update for cessation of LIBOR.

← Older revision		Revision as of 07:05, 4 October 2024
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	LIBID was formed as a kind of analogy to LIBOR – originally an acronym for London Inter-Bank Offered Rate.		LIBID was formed as a kind of analogy to LIBOR – originally an acronym for London Inter-Bank Offered Rate.


			LIBOR and LIBID ended in September 2024.


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	* [[LIBOR]]		* [[LIBOR]]
	* [[LIMEAN]]		* [[LIMEAN]]


			==Other resource==

			*[https://www.bankofengland.co.uk/news/2024/october/the-end-of-libor The end of LIBOR - Press release - Bank of England - 1 October 2024]

			[[Category:Manage_risks]]

	[[Category:Manage_risks]]		[[Category:Manage_risks]]

2024-03-11T18:30:55Z

Denote as historical & condense accordingly.

← Older revision		Revision as of 18:30, 11 March 2024
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	~~Formerly~~ and informally a guess at the interest rate at which large banks of good credit standing might be expected to offer to lend to other such banks in the London inter-bank short-term, unsecured money market at a particular time and in a particular currency.		Historically and informally a guess at the interest rate at which large banks of good credit standing might be expected to offer to lend to other such banks in the London inter-bank short-term, unsecured money market at a particular time and in a particular currency.

	~~Use of this term is deprecated~~.


	LIBID was formed as a kind of analogy to LIBOR – originally an acronym for London Inter-Bank Offered Rate.		LIBID was formed as a kind of analogy to LIBOR – originally an acronym for London Inter-Bank Offered Rate.

	One might expect LIBID to be a lower rate than LIBOR but as the term is informal such distinctions are blurred and conceptually a large bank of high credit standing is on both sides of a LIBOR-LIBID deal at the same rate.


	~~As there is no observed rate, informally LIBID is often taken as 1/8th % less than LIBOR.~~

	~~In analogy with London Inter-Bank Offered Rate, LIBID is sometimes expanded as London Inter-bank Bid rate.~~

2018-06-05T10:43:12Z

Past tense.

← Older revision		Revision as of 10:43, 5 June 2018
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	LIBID is formed as a kind of analogy to LIBOR – originally an acronym for London Inter-Bank Offered Rate.		LIBID was formed as a kind of analogy to LIBOR – originally an acronym for London Inter-Bank Offered Rate.

	One might expect LIBID to be a lower rate than LIBOR but as the term is informal such distinctions are blurred and conceptually a large bank of high credit standing is on both sides of a LIBOR-LIBID deal at the same rate.		One might expect LIBID to be a lower rate than LIBOR but as the term is informal such distinctions are blurred and conceptually a large bank of high credit standing is on both sides of a LIBOR-LIBID deal at the same rate.
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	== See also ==		== See also ==
			* [[LIBOR]]
	* [[LIMEAN]]		* [[LIMEAN]]

	* [[LIBOR]]

	[[Category:Manage_risks]]		[[Category:Manage_risks]]

2016-05-11T12:02:56Z

Layout.

← Older revision		Revision as of 12:02, 11 May 2016
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	Formerly and informally a guess at the interest rate at which large banks of good credit standing might be expected to offer to lend to other such banks in the London inter-bank short-term, unsecured money market at a particular time and in a particular currency. Use of this term is deprecated.		Formerly and informally a guess at the interest rate at which large banks of good credit standing might be expected to offer to lend to other such banks in the London inter-bank short-term, unsecured money market at a particular time and in a particular currency.

			Use of this term is deprecated.


			LIBID is formed as a kind of analogy to LIBOR – originally an acronym for London Inter-Bank Offered Rate.

			One might expect LIBID to be a lower rate than LIBOR but as the term is informal such distinctions are blurred and conceptually a large bank of high credit standing is on both sides of a LIBOR-LIBID deal at the same rate.

	LIBID is formed as a kind of analogy to LIBOR – originally an acronym for London Inter-Bank Offered Rate. One might expect LIBID to be a lower rate than LIBOR but as the term is informal such distinctions are blurred and conceptually a large bank of high credit standing is on both sides of a LIBOR-LIBID deal at the same rate.

	As there is no observed rate, informally LIBID is often taken as 1/8th % less than LIBOR.		As there is no observed rate, informally LIBID is often taken as 1/8th % less than LIBOR.

2013-10-09T14:02:52Z

Category added 9/10/13 and spacing

← Older revision		Revision as of 14:02, 9 October 2013
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	In analogy with London Inter-Bank Offered Rate, LIBID is sometimes expanded as London Inter-bank Bid rate.		In analogy with London Inter-Bank Offered Rate, LIBID is sometimes expanded as London Inter-bank Bid rate.


	== See also ==		== See also ==
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	* [[LIBOR]]		* [[LIBOR]]

			[[Category:Manage_risks]]

2013-08-02T11:48:56Z

2013-08-01T14:45:18Z

To update glossary when revising LIBOR entry

← Older revision		Revision as of 14:45, 1 August 2013
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	London ~~Interbank~~ Bid ~~Rate~~.		Formerly and informally a guess at the interest rate at which large banks of good credit standing might be expected to offer to lend to other such banks in the London inter-bank short-term, unsecured money market at a particular time and in a particular currency. Use of this term is deprecated.

			LIBID is formed as a kind of analogy to LIBOR – originally an acronym for London Inter-Bank Offered Rate. One might expect LIBID to be a lower rate than LIBOR but as the term is informal such distinctions are blurred and conceptually a large bank of high credit standing is on both sides of a LIBOR-LIBID deal at the same rate.

			As there is no observed rate, informally LIBID is often taken as 1/8th % less than LIBOR.

			In analogy with London Inter-Bank Offered Rate, LIBID is sometimes expanded as London Inter-bank Bid rate.

	== See also ==		== See also ==
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	* [[London inter-bank mean rate ]]		* [[London inter-bank mean rate ]]
	* [[London Interbank Bid Rate]]		* [[London Interbank Bid Rate]]
			* [[LIBOR]]

2012-10-23T14:19:59Z

CSV import

New page

London Interbank Bid Rate.

== See also ==
* [[LIMEAN]]
* [[London inter-bank mean rate ]]
* [[London Interbank Bid Rate]]