London Interbank Mean Rate - LIMEAN
- 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 purchased in the market.
The LIMEAN rate can be used by institutions borrowing and lending money in the interbank market, instead of using the LIBID or LIBOR rates, in any lending agreements. It can also be used to gain insight into the average rate at which money is being borrowed and lent in the interbank market.
Investment dictionary.
Academic.
2012.
Look at other dictionaries:
LIMEAN — The London Interbank Mean Rate. The average of LIBOR and LIBID. Related links BBA LIBOR Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 … Law dictionary
LIMEAN — See London Inter Bank Mean Rate. Dresdner Kleinwort Wasserstein financial glossary The average of the LIBOR and LIBID rates. Exchange Handbook Glossary * * * The London interbank mean price the mean of Libid and Libor. ► See also LIBID,… … Financial and business terms
Libor — [Abkürzung für London Interbank Offered Rate], Referenzzinssatz, zu dem international agierende Banken in London Geldmarktgeschäfte tätigen. Da für verschiedene Währungen und Laufzeiten unterschiedliche Liborsätze gelten, ist der Libor kein… … Universal-Lexikon
Lima — This article is about the capital of Peru. For other uses, see Lima (disambiguation). Lima View of Lima District from the San Cristobal hill … Wikipedia
