Definition
The London Interbank Offered Rate (LIBOR) was a benchmark interest rate at which major global banks lent to one another in the international interbank market for short-term loans. LIBOR served as a globally accepted key benchmark interest rate that indicated borrowing costs between banks. The rate was calculated and published each day by the Intercontinental Exchange (ICE), but scandals and questi
In Panel Profits
In the Panel Profits market platform, LIBOR: What the London Interbank Offered Rate Is and How It's Used applies standard financial concepts principles to comic assets and physical collections.
Common mistakes
Do not infer unobserved prices.