LIMEAN: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>John Grout
(To update glossary when updating LIBOR)
(Update for cessation of LIBOR.)
 
(5 intermediate revisions by 2 users not shown)
Line 1: Line 1:
Formerly and informally a guess at the average of LIBOR and LIBID. Use of this term is deprecated.
Historically - and informally - a guess at the average of LIBOR and LIBID.  


For the reasons discussed in the article on LIBID, there is no observed rate and LIMEAN is often taken as 1/16th % less than LIBOR.
In an analogy with London Inter-Bank Offered Rate, LIMEAN was sometimes expanded as London Inter-bank Mean rate.




In an analogy with London Inter-Bank Offered Rate, LIMEAN is sometimes expanded as London Inter-bank Mean rate.
LIBOR, LIBID and LIMEAN ended in September 2024.
 


== See also ==
== See also ==
* [[LIBID]]
* [[LIBID]]
* [[LIBOR]]
* [[LIBOR]]
* [[London inter-bank mean rate ]]
* [[Mean]]
* [[Mean]]
==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]]

Latest revision as of 07:06, 4 October 2024

Historically - and informally - a guess at the average of LIBOR and LIBID.

In an analogy with London Inter-Bank Offered Rate, LIMEAN was sometimes expanded as London Inter-bank Mean rate.


LIBOR, LIBID and LIMEAN ended in September 2024.


See also


Other resource