Historical LIBOR Rates
Wednesday, November 26, 2008
The London Interbank Offered Rate (LIBOR) is a daily reference rate based on the interest rate at which banks borrow unsecured funds from banks in the London wholesale money market or interbank market. It is roughly comparable to the U.S. federal funds rate.
These rates are used for basis of payment of mark up rates againt short or long term borrowings in foreign currency by the companies to the banks.
- To see the latest LIBOR rates visit here!
posted @ 11:54 AM,
1 Comments:
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At December 18, 2014 at 4:27 PM,
diploma in islamic finance said...
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great one
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