LIMEAN: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Update for LIBOR transition.)
(Update for cessation of LIBOR.)
 
(One intermediate revision by the same user not shown)
Line 1: Line 1:
Formerly - and informally - a guess at the average of LIBOR and LIBID.
Historically - and informally - a guess at the average of LIBOR and LIBID.  
 
Use of this term is deprecated.


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


There is no observed rate and LIMEAN was 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.
LIBOR, LIBID and LIMEAN ended in September 2024.




Line 13: Line 11:
* [[LIBOR]]
* [[LIBOR]]
* [[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]]
[[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