LIBOR stands for London Interbank Offered Rate. It's the rate of interest at which banks offer to lend money to one another in the wholesale money markets in London. It is a standard financial index used in U. In general, its changes have been smaller than changes in the prime rate. It's an index that is used to set the cost of various variable-rate loans. Lenders use such an index, which varies, to adjust interest rates as economic conditions change. They libor add a certain number of percentage points called a margin, which doesn't vary, to the index to establish the interest rate you must pay. When this index goes up, interest rates on any loans tied to it also go up. Although it is increasingly used for consumer loans, it has traditionally been a reference figure for corporate financial transactions. Timely market news and advice for consumers ready to buy, sell or invest in real estate. Bankrate is compensated in exchange for featured placement of sponsored products and services, or your clicking on links posted on this website. This compensation may impact how, where and in what order products appear. You have money questions. Our experts have been helping you master your money for four decades. Use Calculators Mortgage calculator How much house can you afford Mortgage refinance calculator Mortgage payment calculator Amortization calculator Cost of living calculator. Get Advice Veteran Homebuyer Central Reverse Mortgage Loan Central Real estate center Refinance center Home equity center How to buy a home How to refinance your mortgage Understand closing costs Which mortgage is right for you? Tips for first time homebuyers Understanding FHA loans Home Hacker blog. Compare Accounts CD rates Forex rates Money market rates Checking accounts. Use Calculators Savings calculator CD calculator CD forex calculator Compound savings calculator. Get Advice Money market account vs. Use Calculators Credit card payoff calculator Debt-to-income ratio calculator Balance transfer calculator Debt consolidation calculator. Get Advice How to get out of debt How to improve credit score Getting a credit card with bad credit Balance transfer pros and cons Card Shark blog. Reviews Best rewards credit cards Best travel credit cards Best balance transfer credit cards Best cash back credit cards Best businesss credit card Best low interest credit cards. Compare Lenders Auto loans. Use Calculators Auto loan calculator Early payoff calculator. Get Advice How to lease a car Car loans for bad credit Refinance your car How to forex the best auto loan rates. Compare Lenders Personal loans Personal loans for debt consolidation Personal loans for bad credit Student loans Home improvement loans. Use Calculators Loan calculator Libor loan calculator Mortgage payoff calculator Personal loan calculator. Get Advice How to get a personal loan Paying off student loans How to pay for home improvements Managing debt How to pay off student loans How to get a home equity loan Student loans center. Personal Loan Reviews Lending Club review LendUp review OneMain Financial review Prosper review SoFi review Avant review. Compare Rates CD rates IRA CD libor Online brokers for stock trading. Use Calculators Investment calculator Return on investment calculator Annuity calculator Retirement plan calculator K retirement calculator Roth IRA calculator. Get Advice Retirement center Saving for your child's college Creating passive income Mutual fund vs. ETF Roth IRA vs. Learn tax brackets State tax rates Tax forms. Use Calculators Earned Income Tax Credit calculator income tax calculator What is your tax bracket? Get Advice Tracking down your tax refund Tax tips for new homeowners 10 often overlooked tax breaks States with no income tax: Free credit report myBankrate open. This week Month ago Year ago 3 Month LIBOR rate 1. Fixed Rates 10 year fixed 15 year fixed refi 15 year fixed 20 year fixed refi 20 year fixed 30 year fixed refi 30 year fixed 30 year FHA refi 30 year FHA See all fixed. Product Rate Change Last week 30 year fixed refi 3. About Us Press Room Investor Relations Affiliate Center Contact Us Careers. Advertise With Us Latest News Blogs Glossary Compare Rates Sitemap. How we make money Bankrate. Master Life's Financial Journey.
Tim Bennett Explains: Why LIBOR is making new headlines
Tim Bennett Explains: Why LIBOR is making new headlines
Most of them are world famous programs brought to Vietnam by media firms and TV broadcasters as Dancing With the Stars, The.
Nagesh, XIMB HR is a borderline case at 22.5. The cutoff for Orissa domicile could be lower by 0.5 marks.