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 MRAC will also discuss other issues involving the transition from the London Inter-bank Offered Rate (LIBOR) to risk-free reference rates, including central counterparty (CCP) adjustments to discounting/price alignment interest and the clearing treatment for certain physically-settled swaptions.
United States : CFTCs Market Risk Advisory Committee to Meet September 9 by Teleconference
In 2012, news that the London Inter-bank Offered Rate (Libor), a benchmark interest rate widely used in the global financial sys- tem for a broad range of financial products and contracts, had been manipulated since at least the early 2000s stunned the financial community.
A culture of malfeasance
In 2012, news that the London Inter-bank Offered Rate (Libor), a benchmark interest rate widely used in the global financial system for a broad range of financial products and contracts, had been manipulated since at least the early 2000s stunned the financial community.
A culture of malfeasance: Oonagh McDonald reveals how the financial markets were rigged in the 2000s and sets out the reforms that still need to be implemented
an overdraft-like facility) secured against 10 previously unmortgaged ships at an interest cost of London Inter-Bank Offered Rate plus 1.35 percent.
Dry Bulk Operator Pacific Basin's Profit Sinks 73 Percent
Earlier, UPL Corporation had raised a three billion dollar (about Rs 20 crore) five-year unsecured term loan with a bullet repayment at end of tenure at London Inter-bank Offered Rate (LIBOR) plus 160 basis point per annum to part-finance the acquisition of Arysta Lifescience Inc.
UPL raises EUR100 million working capital loan at zero rate of interest
Qatar Interbank Offered Rates (QIBOR) three-month interest rates remained stable while dollar-based London Inter-bank Offered Rate (LIBOR) three-month interest rates drifted down as of July 5.
QCB's foreign exchange reserves rise to $52.7bn in May: QNB
Currently, the Karachi Inter-Bank Offered Rate is around 11.5pc for one year which does not allow financial institutions to extend loan at low interest for housing.
Rising interest rate shatters dream of low-cost housing
If the LIBOR (London Inter-bank Offered Rate) is 3 percent then the interest rates in Lebanon should be a little bit higher," the banker said.
Banks set to cut interest rates as fears subside
It's noteworthy that the interest rates charged by the Emirates Inter-Bank Offered Rate (Eibor) hit new highs across all terms by the end of 2018, with the six-month rate up 54.4 per cent and 12-month term leaping 39 per cent, it stated.
UAE banking deposits surge to $43bn in 11 months
In a footnote, the bank noted that these were medium-term loans from China that were meant for balance of payments support with an inbuilt bullet repayment feature, a maturity of two to three years and a floating rate based on the London Inter-bank Offered Rate (Libor).
Pakistan may continue to breach debt limit for next 10 years
The New Facility bears interest at a rate per annum equal to the greater of (a) the three-month London Inter-Bank Offered Rate, or (b) 1.50%, with such base rate being capped at no greater than 4.25%, plus an applicable margin of 10.50%.
Acerus Closes USD 11m Term Loan Credit Facility
EDYRF rates are based on the respective 90-day London Inter-Bank Offered Rate plus 200 basis points and the term premia for longer maturities.
Banks encouraged to buy forex needs from BSP facility

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