Interbank offered rate (IBOR)

Interbank offered rate (IBOR),

Definition of Interbank offered rate (IBOR):

  1. Interest rate at which banks lend to and borrow from one another in interbank market. IBORs serve as an indicator of levels of demand and supply in all financial markets. Also called interbank rate. See also London Interbank Offered Rate (LIBOR).

Meaning of Interbank offered rate (IBOR) & Interbank offered rate (IBOR) Definition