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. . 2012.

Look at other dictionaries:

  • London Inter Bank Offered Rate — LIBOR The rate of interest in the short term wholesale market (see interbank market) in which banks offer to lend money to each other. The loans are for a minimum of £250,000 for periods from overnight up to five years. The importance of the… …   Accounting dictionary

  • London Inter Bank Offered Rate — LIBOR The rate of interest at which banks lend to each other on the London interbank market The loans are for a minimum of £250, 000 for periods from overnight up to five years. LIBOR is the most significant interest rate for international banks …   Big dictionary of business and management

  • Auction rate security — An auction rate security (ARS) typically refers to a debt instrument (corporate or municipal bonds) with a long term nominal maturity for which the interest rate is regularly reset through a dutch auction. It could also refer to a preferred stock …   Wikipedia

  • LIBOR — (London InterbankBasic Operating Rate) es una tasa de referencia diaria basada en las tasas de interés bajo la cual los bancos ofrecen fondos no asegurados a otros bancos en el mercado monetario mayorista (o mercado interbancario). LIBOR será… …   Wikipedia Español

  • Global financial crisis of September–October 2008 — The global financial crisis of September–October 2008 is a developing financial crisis which emerged the week of September 14, 2008. Beginning with failures of large financial institutions in the United States, it rapidly evolved into a global… …   Wikipedia

  • Euronext — NYSE Euronext Type Stock exchange …   Wikipedia

  • United Kingdom company law — Beside the River Thames, the City of London is a global financial centre. Within the Square Mile, the London Stock Exchange lies at the heart of the United Kingdom s corporations. United Kingdom company law is the body of rules that concern… …   Wikipedia

  • Cinema of the United Kingdom — List of British films 1888 1919 1920s 1930s 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 …   Wikipedia

  • Nonfarm Payrolls — (Количество новых рабочих мест вне сельского хозяйства) Nonfarm Payrolls это макроэкономический показатель занятости населения США вне сферы сельского хозяйства Макроэкономический показатель занятости Nonfarm Payrolls, количество рабочих мест вне …   Энциклопедия инвестора

  • North Sea oil — is a mixture of hydrocarbons, comprising liquid oil and natural gas, produced from oil reservoirs beneath the North Sea. In the oil industry, the term North Sea often includes areas such as the Norwegian Sea and the area known as West of Shetland …   Wikipedia

  • Economy of Northern Ireland — The economy of Northern Ireland is the smallest of the four countries in the United Kingdom. Northern Ireland has traditionally had an industrial economy, most notably in shipbuilding, rope manufacture and textiles, but most heavy industry has… …   Wikipedia