LIMEAN

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.

See also

• LIBID
• LIBOR
• Mean