laibor
Chat with our AI personalities
LIBOR rates are published everyday at 11GMT. Check the related links on where to find the LIBOR information
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.
This link from the Wall Street Journal has the five year Libor swaps rate
"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.
About 0.48