LIMEAN: Difference between revisions

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imported>Doug Williamson
(Update for LIBOR transition.)
(Denote as historical & condense accordingly.)
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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.
 
 
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.
In an analogy with London Inter-Bank Offered Rate, LIMEAN was sometimes expanded as London Inter-bank Mean rate.

Revision as of 18:32, 11 March 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.


See also