EURIBOR and Pip: Difference between pages

Revision as of 11:49, 13 May 2016

1.

The most junior digit in a foreign currency quotation.

2.

More generally, a minimum price movement for any quoted instrument or asset.

The term 'pip' is an abbreviation of 'price interest point'.

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-The Euro Interbank Offered Rate.  Sponsored by the European Banking Federation, EURIBOR is the benchmark rate at which EUR interbank term deposits within the euro-zone are offered by one prime bank to another prime bank at 11.00 CET.
+.
-EURIBOR is calculated daily and covers periods ranging from one day to one year.
+The most junior digit in a foreign currency quotation.
+.
+More generally, a minimum price movement for any quoted instrument or asset.
+The term 'pip' is an abbreviation of 'price interest point'.
 == See also ==
-* [[Benchmark]]
+* [[Basis point]]
-* [[EONIA]]
-* [[InterBank Offered Rate]]
-* [[LIBOR]]
+[[Category:Manage_risks]]