London Interbank BID (LIBID) rate

  

Definition

Interest rate at which London banks are willing to borrow from one another in the inter-bank market. LIBID is the average of rates which five major London banks willing to bid for a $10 million deposit for a period of three or six months. See also London Interbank Offered Rate (LIBOR).

News containing the term London Interbank BID (LIBID) rate

Loading...



http://www.businessdictionary.com/definition/London-Interbank-BID-LIBID-rate.html

Search for another term


Enter your email address to get our free Term of the Day newsletter!
Privacy Policy

Tools

London Interbank BID (LIBID) rate is...

... in the subject
Banking, Commerce, Credit, & Finance

Nearby Terms

Popular 'Banking, Commerce, Credit, & Finance' Terms

Search volume for London Interbank BID (LIBID) rate

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z