Interbank rate

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Interbank rate

See: LIBOR

Interbank Rate

References in periodicals archive ?
The Libor scandal erupted in 2012 when British bank Barclays was fined Au290 million by British and US regulators for attempted manipulation of Libor and Euribor interbank rates between 2005 and 2009.
The recent pass-through of the policy rate cut to interbank rates and government bond yields shows the consolidation of monetary policy transmission.
Interbank rates shot up to 25%, raising deep concern about the stability of the financial system.
According to the report, fears over bad loans led to a spike in interbank rates, which are the rates that banks charge each other on a daily basis and are a sign of how much faith that banks have in each other.
After a significant growth at the middle of the week (due to end of period of averaging the required reserves in CBR), interbank rates are likely to face the first tax payments at the highs they have already reached.
By using the data on the disposable incomes, interbank rates, real private and public house prices, transaction volume and real public housing wealth measure, the empirical evidence indicated that a shock of the interbank rates negatively affected the disposable incomes, private and public house prices and public housing wealth in Singapore (Edelstein and Lum, 2004).
BNP caused other banks, concerned by the possibility of more bad debts coming out of the woodwork, to cut back on everyday lending to each other by hiking their own interbank rates - and so began the credit crunch.
Summary: Short-term interbank rates up nearly 30 bps in 6 months; Rise in USD Libor, geopolitics appear to be factor Bank liquidity still high, loan/deposit ratio moderate; But bank lending jump could pressure rates late this year; Official rate hike probably still distant
Regulators' have requested co-operation from inter-dealer brokers to expand the extent of global investigation related to manipulation in interbank rates.
The Islamic Interbank Benchmark Rate (IIBR) was revealed at the 18th annual World Islamic Banking Conference and aims to give Islamic banking an index that will improve interbank lending in the industry and cushion it from the current fluctuations in interbank rates in conventional banking.
The weighted average interbank rates of buying and selling released by the Central bank also went up to 86.
We have witnessed a reduction in interbank rates suggesting that the liquidity positions of UAE banks have become less tight, after a spike that followed the Lehman collapse," Jaap Meijer, Head of Banks Research at AlembicHC, said.