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London interbank offered rate

   Also found in: Acronyms, Wikipedia 0.01 sec.
London Interbank Offered Rate
A short-term interest rate often quoted as a 1,3,6-month rate for U.S.dollars.
London interbank offered rate (LIBOR)
The basic short-term rate of interest in the Eurodollar market and the rate to which many Eurodollar loans and deposits are tied. The LIBOR is similar in concept to that of the prime rate in the United States except that it is less subject to individual bank management.


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Most of the pricing is bench-marked against the London Interbank Offered Rate (LIBOR), though some deals are done at fixed rates, she says.
Latin American firms getting funding in US by Heffes, Ellen M. / Financial Executive
placed on behalf of a Virginia-based developer, was priced 225 basis points over the one-month London Interbank Offered Rate, or LIBOR.
Conversion cash by Real Estate Weekly
Codelco said it chose ABN AMRO, Banco Bilbao Vizcaya Argentaria and Bank of Tokyo Mitsubishi as lead arrangers of the five-year loan, which carries a spread of 25 basis points over the London Interbank Offered Rate.
Codelco, Chile's state-owned copper miner, said it plans to borrow ... by Latin Trade
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