Interbank

(redirected from Interbank Dealing)
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Interbank

Describing any loan, deposit, transaction or other relationship between two banks. Interbank transactions provide a great deal of liquidity to the market. Interbank interest rates are often used as benchmarks for other rates. See also: Interbank loan, Interbank rate, Interbank deposit.
References in periodicals archive ?
At an emergency meeting in Paris, leaders of the 15 eurozone countries compiled an action plan Sunday that features capital injections into troubled financial institutions and government guarantees for interbank dealing to tackle the expanding financial turmoil in the region.
Takano said that because the settlement date for Wednesday's trading will fall into next year, most banks had been refraining from direct interbank dealings in order to avoid risks associated with the Y2K computer glitch.
The rupee already crossed over Rs100 to a dollar level in the unofficial kerb market but this is for the first time the local currency hit a century in the official interbank dealings.
Yen, deputy director general at Foreign Exchange Department of the central bank, indicated that the rising OBU assets was mainly due to increasing interbank dealings during the month, which grew an annual US$6.
The rupee already crossed over Rs 100 to a dollar level in the unofficial kerb market but this is for the first time the local currency hit a century in the official interbank dealings.