London Interbank Bid Rate - LIBID
- London Interbank Bid Rate - LIBID
- The average interest rate which major London banks borrow Eurocurrency deposits from other banks. LIBID is calculated through a survey of London banks to determine the interest rate which they are willing to borrow large eurocurrency deposits.
Unlike LIBOR, which is determined by the average interest rate which banks are willing to lend eurocurrency deposits, LIBID refers to the rate which banks bid to borrow.
Investment dictionary.
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2012.
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London Interbank Bid Rate — ( LIBID) The rate that a bank is willing to pay to acquire funds in the international interbank market. American Banker Glossary ( LIBID) The bid rate that a Euromarket bank is willing to pay to attract a deposit from another Euromarket bank in… … Financial and business terms
London Interbank Bid Rate — The London Interbank Bid Rate (LIBID) is a bid rate; the rate bid by banks on Eurocurrency deposits (i.e., the rate at which a bank is willing to borrow from other banks). It is the opposite of the LIBOR (an offered, hence ask rate). Whilst the… … Wikipedia
London Interbank Offered Rate — The London Interbank Offered Rate (or LIBOR, pronEng|ˈlaɪbɔr) is a daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks in the London wholesale money market (or interbank market). LIBOR will … Wikipedia
London Interbank Bid Rate — /ˌlʌndən ˌɪntəbæŋk bɪd reɪt/ noun the rate at which banks are prepared to borrow from each other. Abbreviation LIBID … Dictionary of banking and finance
London Interbank Mean Rate - LIMEAN — The mid market rate in the London Interbank market, which is calculated by averaging the offer rate (LIBOR) and the bid rate (LIBID). The LIBOR is the rate at which funds are sold in the market, while the LIBID is the rate at which the funds are… … Investment dictionary
LIBID — London Interbank Bid Rate (LIBID) The rate that a bank is willing to pay to acquire funds in the international interbank market. American Banker Glossary ( London Interbank Bid Rate) The bid rate that a Euromarket bank is willing to pay to… … Financial and business terms
London Inter Bank Bid Rate — LIBID The rate of interest at which banks borrow from each other on the London interbank market See London Inter Bank Offered Rate … Big dictionary of business and management
LIBID — The London Interbank Bid Rate, that is, the interest rate at which banks bid to take short term deposits from other banks in the London Interbank Market. Related links BBA LIBOR Practical Law Dictionary. Glossary of UK, US and international legal … Law dictionary
LIBID — London Interbank Bid rate (Business » General) * London Inter Bank Bid Rate (Business » International Business) … Abbreviations dictionary
LIBID — Il significato o sigla di libid è quella di London Interbank Bid Rate, ovvero il tasso di interesse al quale le banche inglesi assumono depositi in divisa sul mercato interbancario internazionale … Glossario di economia e finanza