LIMEAN: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Layout.) |
imported>Doug Williamson (Update for LIBOR transition.) |
||
| Line 1: | Line 1: | ||
Formerly and informally a guess at the average of LIBOR and LIBID | Formerly - 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 | 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. | |||
Revision as of 10:04, 14 April 2022
Formerly - and informally - a guess at the average of LIBOR and LIBID.
Use of this term is deprecated.
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.
