LIBID
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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.
LIBOR and LIBID ended in September 2024.
See also
