Euro Interbank Offered Rate

From Open Risk Manual
Revision as of 11:20, 8 October 2019 by Wiki admin (talk | contribs) (Initial Entry)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Definition

Euro Interbank Offered Rate. A daily interbank offered rate based on the averaged interest rates at which Eurozone banks offer to lend unsecured funds to other banks in the euro wholesale money market (or interbank market)


See Also


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.