Interbank Offer Rate
(redirected from Inter Bank Offered Rate)

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Interbank Offer Rate

The interest rate that banks in a jurisdiction charge one another for short-term, interbank loans. Major interbank offer rates, notably LIBOR and HIBOR, are considered key benchmark interest rates in the wider economies. Interest rate swaps, for example, often use an interbank offer rate as the reference rate for the floating payer.

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Interbank Offer Rate (redirected from Inter Bank Offered Rate)

Interbank Offer Rate
(redirected from Inter Bank Offered Rate)