LIBID: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Category added 9/10/13 and spacing) |
(Denote as historical & condense accordingly.) |
||
(2 intermediate revisions by one other user not shown) | |||
Line 1: | Line 1: | ||
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 == | == See also == | ||
* [[LIBOR]] | |||
* [[LIMEAN]] | * [[LIMEAN]] | ||
[[Category:Manage_risks]] | [[Category:Manage_risks]] |
Latest revision as of 18:30, 11 March 2024
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.