answersLogoWhite

0


Best Answer

laibor

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the pronunciation of LIBOR?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Math & Arithmetic

Where to get libor rates?

LIBOR rates are published everyday at 11GMT. Check the related links on where to find the LIBOR information


What is 3 month libor?

Libor stands for London Interbank Offered Rate. The 3-month LIBOR is the rate that major banks would be charged to borrow money from other banks for a three month period.


Where can one find the five year LIBOR rate?

This link from the Wall Street Journal has the five year Libor swaps rate


12 percent per annum and 2 percent above libor which is favorable?

"2% above Libor" would mean a percentage that is 2 percent more than the Libor rate. You would have to get the current rates (there are different rates for different conditions), add 2%, and then compare.


How you can calculate LIBOR rate?

LIBOR stands for London interbank offered rate. Banks in London, similar to the United States, can exchange money between banks. LIBOR is the rate at which banks borrow funds from other banks in the London interbank market.LIBOR CalculationLIBOR is an average of actual rates used by banks. To calculate LIBOR, the British Banker's Association (BBA), surveys a variety of banks that reflect the general market. The BBA then surveys the different banks' interbank interest rate quotes. These quotes are made available to the public.The top and bottom quartile of the quotes are discarded, and the remaining interest rate quotes are averaged to form the daily LIBOR. LIBOR is calculated daily at 11:00 am London time or 6:00 am eastern time. Because LIBOR is an average of quotes and only calculated daily, the actual rates used between banks may fluctuate from the specific LIBOR rate. However, LIBOR provides a good approximation of the actual rates being used. This approximation is normally more accurate for short-term LIBOR rates and less accurate for long-term LIBOR rates.LIBOR RatesLIBOR rates are provided for periods of up to 12 months. The most common rates are the daily, weekly, one month, six month, and one year. LIBOR rates are also provided in ten currencies, including the US dollar, Japanese yen, Euro, and Pound Sterling. The Financial Times displays current LIBOR rates in multiple currencies.LIBOR ApplicationsLIBOR is an important rate that influences many financial instruments. In addition to providing an interbank lending rate and baseline for other lending rates, LIBOR also influences derivatives. Eurodollar futures and interest rate swaps are derivatives that are influenced significantly by LIBOR.

Related questions

When was Libor created?

Libor was created in 1984.


Where to get libor rates?

LIBOR rates are published everyday at 11GMT. Check the related links on where to find the LIBOR information


When was Libor Charfreitag born?

Libor Charfreitag was born in 1977.


When was Libor Dvořák born?

Libor Dvořák was born in 1957.


When was Libor Zábranský born?

Libor Zábranský was born in 1973.


When was Libor Capalini born?

Libor Capalini was born in 1973.


When was Libor Rouček born?

Libor Rouček was born in 1954.


When was Libor Procházka born?

Libor Procházka was born in 1974.


When was Ullrich Libor born?

Ullrich Libor was born in 1940.


When was Libor Nováček born?

Libor Nováček was born in 1978.


When did Libor Fára die?

Libor Fára died in 1988.


When was Libor Fára born?

Libor Fára was born in 1925.