Interbank market

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Interbank market

Financial institutions exchange of currencies between and among themselves.

Interbank Market

The market for the trade of currencies, loans, and other financial instruments between banks. See also: Fed Funds.
References in periodicals archive ?
75bn) of five-year bonds on the domestic inter bank market soon, Dow Jones has reported, citing a person familiar with the situation.
Interior Minister further directed that the Banks who are holding foreign exchange abroad or not selling in inter bank market should be made to review this practice.
SBP's current view is that if it does sell dollars in the Inter Bank market, it will be against the idea of the exchange rate finding its own level.
Amore significant component is the inter bank market where concern over the possibility of bank failures has increased the Libor spread over base.
In the initial days, the rupee depreciated in the inter bank market by few paisa, whereas kerb market maintained relative stability.
91 to a dollar in the inter bank market due to increased demand for greenback to pay for imports.
7bn after LKR18bn of excess liquidity in the inter bank market was mopped up overnight.
In order to stabilize exchange rate, the State Bank purchased from the inter bank market mostly in the second and third quarter.
300 million on account of higher rate of return on the inter bank market as well as Government papers.
The inter bank markets are essentially pricing in another six months of uncertainty.

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