Euro LIBOR

Euro LIBOR

The LIBOR calculated in euros. It is a rare occurrence to calculate the euro LIBOR and is mainly used as a convenience for contracts that predate the euro.
References in periodicals archive ?
The loan, he said, has been approved under highly favorable conditions, that is, a repayment period of 28 years, a grace period of eight years and a 6-month euro LIBOR interest rate of 0.
The virtually unanimous expectation of the markets is that future Euro Libor rates will be much less volatile than either their UK or indeed US counterparts.
The Euro CDO issued [euro]263,500 of non-recourse debt at a weighted average spread to Euro Libor of 60 basis points.
6 million) Euros term loan expiring on May 1, 2008 which bears interest at a floating rate equal to Euro LIBOR (2.