What is a LIBOR?
how do you pronouce it and what is it?
Answers: Lie -Bore
LIBOR, the London Interbank Offered Rate, is the most active interest rate marketplace in the world. It is determined by rates that bank participating in the London money open market offer respectively other for short-term deposits. LIBOR is used in determining the price of various other financial derivatives, including interest rate futures, swaps and Eurodollars. Due to London's importance as a worldwide financial center, LIBOR applies not only to the Pound Sterling, but also to principal currencies such as the US Dollar, Swiss Franc, Japanese Yen and Canadian Dollar.
Lie-boar is the pronunciation of the London Interbank Offered Rate
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Answers: Lie -Bore
LIBOR, the London Interbank Offered Rate, is the most active interest rate marketplace in the world. It is determined by rates that bank participating in the London money open market offer respectively other for short-term deposits. LIBOR is used in determining the price of various other financial derivatives, including interest rate futures, swaps and Eurodollars. Due to London's importance as a worldwide financial center, LIBOR applies not only to the Pound Sterling, but also to principal currencies such as the US Dollar, Swiss Franc, Japanese Yen and Canadian Dollar.
Lie-boar is the pronunciation of the London Interbank Offered Rate