Saturday, September 27, 2008

Libor

A very good article on libor - http://www.lrb.co.uk/v30/n18/mack01_.html


Libor is based on borrow/lending rates provided by the following banks - http://www.bba.org.uk/bba/jsp/polopoly.jsp?d=145&a=9743&artpage=all

The spike for USD on Sept 16 08 looks very interesting....

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