LIBOR


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Related to LIBOR: Euribor
AcronymDefinition
LIBORLondon Interbank Offered Rate
LIBORLong Island Board of Realtors (New York)
LIBORLittle Investment Bankers of Rutgers (New Jersey)
References in periodicals archive ?
The test rates will be published at approximately 2:00pm GMT on Saturday, March 17, 2018 on the ICE website, alongside previously published LIBOR using the existing methodology for the same period.
What you pay in interest on a mortgage for example might be readjusted each year to a rate that was the one year Libor rate PLUS two per cent, say.
has said it will replace Libor with Sonia, the Sterling Over Night Index Average, the rate at which U.
Andrew Bailey, head of the Financial Conduct Authority, said in London on Thursday that Libor isn't sustainable because of a lack of transactions providing data.
The London Interbank Offered Rate - or Libor - has been steeped in financial scandal, but remains crucial for calculating the interest rates on household mortgages or loans for some big businesses.
Earlier, the head of Britain's financial markets watchdog had called for a substitute for the widely used Libor.
The investigation found that between 2005 and 2009 traders at Barclays looked to boost their positions by asking Libor submitters to change their settings instead of basing Libor on the bank's borrowing costs.
Noel Cryan, 49, of Chislehurst, Kent; Danny Wilkinson, 48, of Hornchurch, Essex; Colin Goodman, 53, of Epsom, Surrey; James Gilmour, 50 of Benfleet, Essex; and Terry Farr, 44, of Southend-on-Sea in Essex - have all been cleared of conspiracy to defraud by trying to manipulate the Libor rate linked to the Yen.
Regulators say Lloyds' employees rigged the repo rate so the gap between it and Libor was less, meaning it paid a lower fee.
6 billion to settle US and European regulators' charges of rigging the Libor.
Reforming LIBOR and rebuilding the reputation of this crucial global benchmark is crucial to restoring people's trust in financial services.
htm) Barclays in the aftermath of the Libor fixing scandal , though he denied any knowledge of wrongdoing at the bank.