LIBID: Difference between revisions
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imported>Doug Williamson (Past tense.) |
(Update for cessation of LIBOR.) |
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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. | |||
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]] | ||
Latest revision as of 07:05, 4 October 2024
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.
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.
See also
