Interbank Offer 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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The Commission proposed new standards for benchmarks in September 2013 in the wake of the alleged manipulation of various benchmarks including inter-bank offered rates (EURIBOR, LIBOR, etc.
A number of regulators, including MAS, have investigated or taken enforcement actions in relation to attempted manipulation of Inter-Bank Offered Rates ('IBORs')," the MAS said in (http://www.
80 percent above the three-month euro-yen London inter-bank offered rates.
96 per cent respectively when compared to Wednesday's three-month Emirates Inter-bank Offered Rates (Eibor) fixing of 2.
As the current calculator and distributor of European Inter-Bank Offered Rates (EURIBOR) rates, London Inter-Bank Offered Rates (LIBOR), Prague Inter-Bank Offered Rates (PRIBOR) and Singapore Inter-Bank Offered Rates (SIBOR) rates as well, we are pleased to be recognized as a global source for superiority in the financial services industry.

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