InterBank Offered Rate: Difference between revisions
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The rate of interest at which the quoting bank offers to lend to other first class banks. | The rate of interest at which the quoting bank offers to lend to other first class banks. | ||
For example LIBOR, the London InterBank Offered Rate | For example LIBOR, formerly the London InterBank Offered Rate | ||
Revision as of 13:57, 14 September 2016
(IBOR).
The rate of interest at which the quoting bank offers to lend to other first class banks.
For example LIBOR, formerly the London InterBank Offered Rate
