LIBID

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Revision as of 18:30, 11 March 2024 by Doug (talk | contribs) (Denote as historical & condense accordingly.)
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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.


See also