London Interbank Offered Rate

From Open Risk Manual

Definition

London Interbank Offered Rate. A benchmark interbank offered rate that the most creditworthy international banks charge each other for large, short-term loans

Libor rates are calculated for 5 currencies and 7 borrowing periods ranging from overnight to one year and are published each business day by Thomson Reuters.

See Also

  • Barron's Dictionary of Financial and Investment Terms, Ninth Edition, 2014


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.