Interbank Bid Rate
From Open Risk Manual
Definition
Interbank Bid Rate. An interbank rate that is the interest rate at which participating banks are willing to borrow deposits from other banks
Unlike an interbank offered rate, which is the rate at which banks lend money, an interbank bid rate is the rate at which banks ask to borrow.
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
Facts about "Interbank Bid Rate"
| IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/IND/InterestRates/InterestRates/index-en.html + |
