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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Centra Bank appoints Thomson Reuters as the official calculation agent and distributor for the UAE Interbank Offer Rate (EIBOR).

UAE Central Bank appoints official calculation agent of EIBOR

Among the crisis are those involving the manipulation of the LIBOR (London Interbank offer rate) and mis sold payment protection insurance (PPI).

-Britain's Solicitor General says profile of economic crime is at its highest

Conventional loans more typically are keyed to the Prime rate or to the London Interbank Offer Rate (LIBOR) index.

Rate trends encourage new strategies for healthcare borrowers

According to Bloomberg, the euro Interbank offer rate and the overnight indexed swaps difference (Euribor-OIS spread) was recorded at 23.6 points, the lowest since July 9, 2011

-Euribor-OIS spread lowest in thirteen months

Prime rate or the London Interbank Offer Rate (LIBOR) index," he noted.

Senior housing, healthcare borrowers rates move higher

The cross country base swap, which is the rate used to convert Euro interest payments into dollars, dropped to 35 basis points below the Euribor (Euro Interbank Offer Rate), its lowest since July 26, 2011.

-Cross country base swap drops to lowest this year

Loans are typically priced at a spread over LIBOR (the London Interbank Offer Rate), or a spread over the prime rate.

New criteria dictates lender underwriting

As per the plan, the two organisations would release what would be called the Qatar Interbank Offer Rate (QIBOR), which would use the contributed offer rates quoted by nine empanelled banks.

-Bloomberg and Qatari central bank to launch interbank rate

M2 EQUITYBITES-April 24, 2015-Deutsche Bank reaches joint settlement with US and UK regulators over interbank offer rates benchmarks

Deutsche Bank reaches joint settlement with US and UK regulators over interbank offer rates benchmarks

BANKING AND CREDIT NEWS-April 24, 2015-Deutsche Bank reaches joint settlement with US and UK regulators over interbank offer rates benchmarks

Deutsche Bank reaches joint settlement with US and UK regulators over interbank offer rates benchmarks