London Interbank Bid Rate

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London Interbank Bid Rate (LIBID)

The bid rate that a Euromarket bank is willing to pay to attract a deposit from another Euromarket bank in London. Related: LIBOR.

London Interbank Bid Rate

The interest rate at which participating London banks are willing to borrow eurocurrency deposits from other banks. Unlike LIBOR, which is the rate at which banks lend money, LIBID is the rate at which banks ask to borrow. It is not set by any body or organization, but is calculated as the average of the interest rates at which London banks bid for borrowed eurocurrency funds from other banks. It is also the interest rate London banks pay for deposits from other banks. It is an important benchmark in euromarkets.
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Reshetar, Jr., The Ukrainian Revolution, 1917-1920: A Study in Nationalism (Princeton, N J: Princeton University Press, 1952); Taras Hunczak, ed., The Ukraine, i917-1921: A Study in Revolution (Cambridge, MA: Distributed by Harvard University Press for the Harvard Ukrainian Research Institute, 1977); and Valerii Fedorovych Soldatenko, Ukrains'ka revolutsiia: Istorychnyi narys (Kyiv: Libid', 1999); There is a recent book on the revolution and church in Ukraine: T.
(3.) To estimate par bond yields in the interbank market, the SSW study uses the LIBOR and LIBID from the interbank market.
Most importantly, it also serves as a social networking platform since Verse is tightly integrated to IBM Connections, a collaboration platform for businesses,' said Maneth Libid, Managing Director of NOW's software collaboration group.