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Accounting > London Interbank Offered Rate (Libor)
The following information is about London Interbank Offered Rate (Libor).
London Interbank Offered Rate (Libor) Defined
is the rate that the most creditworthy international banks that deal in Eurodollars charge each other for large loans. It is equivalent to the federal funds rate in the U.S.
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Tue Jul 1
- FT.com / Columnists / John Authers - The Short View: The Greenspan test: London interbank offered rate (Libor)
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