LIBID


Also found in: Financial.
AcronymDefinition
LIBIDLondon Inter-Bank Bid Rate (finance)
References in periodicals archive ?
75% per annum gross of fees above seven-day LIBID over a rolling 12-month period.
The fund will be benchmarked against a composite of indices, reflecting the main asset classes in which the Fund invests: 50 per cent FTSE All Share Index; 25 per cent FTSE World ex UK ([pounds sterling]) Index; 20 per cent FTA British Government All Stocks Index and 5 per cent 7 days LIBID (Cash).
To estimate par bond yields in the interbank market, the SSW study uses the LIBOR and LIBID from the interbank market.