LIMEAN: Difference between revisions

Latest revision as of 18:32, 11 March 2024

Historically - and informally - a guess at the average of LIBOR and LIBID.

In an analogy with London Inter-Bank Offered Rate, LIMEAN was sometimes expanded as London Inter-bank Mean rate.

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-Formerly and informally a guess at the average of LIBOR and LIBID. Use of this term is deprecated.
+Historically - and informally - a guess at the average of LIBOR and LIBID.
+In an analogy with London Inter-Bank Offered Rate, LIMEAN was sometimes expanded as London Inter-bank Mean rate.
-For the reasons discussed in the article on LIBID, there is no observed rate and LIMEAN is often taken as 1/16th % less than LIBOR.
-In an analogy with London Inter-Bank Offered Rate, LIMEAN is sometimes expanded as London Inter-bank Mean rate.