LIBOR Rates

The 6 month euro (EUR) LIBOR interest rate is the average interest rate at which a selection of banks in London are prepared to lend to one another in euros with a maturity of 6 months.

Royal Bank of Scotland In the United States, many private contracts reference the three-month dollar LIBOR, which is the index resulting from asking the panel what rate they would pay to borrow dollars for three months.

Related Categories

The LIBOR is among the most common of benchmark interest rate indexes used to make adjustments to adjustable rate mortgages. This page also lists some other less-common indexes.

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