Examples of using Libor in English and their translations into Vietnamese
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Computer
Why is LIBOR going away in 2021?
The FCA has regulated LIBOR since 2013.
The most widelyused maturity is 3-month USD LIBOR.
LIBOR is administered by the Intercontinental Exchange(ICE).
When a country's interest rate environment is stable when the economy flourishes,all is well with the LIBOR.
Under the new contract, Libor will keep its name and will remain under the oversight of British regulators.
On the other hand, the SNB can reduce liquidity by increasing the repo rate,eventually increasing the Libor rate as well.
Today, LIBOR has reached such stature that the rate is published daily by the BBA at about 11:45am GMT.
Mr Agius resigned as chairman following the Libor scandal, but agreed to stay on until a new chief executive was found.
Libor is a collection of rates set by a panel and used as a benchmark for securities worth trillions of dollars globally.
When the CDPK series are used in a wet process or a Libor rotary kiln then corrosion resistance measures are taken into consideration.
UBS(UBS) agreed to pay $1.5 billion in December in a settlement with authorities in the U.S.,the U.K. and Switzerland over Libor rigging.
I would say the Libor crisis was one of the highlights of my career because we lost[only] two customers.
US and UK regulators have already fined Barclays $453m for submitting falseinformation between 2005 and 2009 to keep the interest rate, known as Libor, low.
He learned the details of the Libor investigation while he was on a trip to visit clients on the West Coast in late June.
Indices and equity markets will use an underlying market financing rate,for example Libor in the UK, plus a charge of 2.5%(annualised).
In future, LIBOR and its equivalents like EURIBOR should be set on the basis of actual, not estimated, borrowing costs.
Geithner, who served as the head of the New York Fed during the crisis years,and other regulators raised concerns about Libor.
When the CDPK series is used in a wet process or a Libor rotary kiln, corrosion resistance measures are taken into consideration in the structure.
LIBOR provides a fair idea to central banks and other important institutions about the expectations on interest rates and linked developments.
In addition to those firms,more than a dozen other banks involved in setting Libor are being investigated, and further penalties are expected.
The Barclays case is the first major action stemming from the inquiry into how big banks set major benchmarks like theLondon interbank offered rate, known as Libor.
The integrity of benchmark reference rates such as LIBOR and EURIBOR is of fundamental importance to both UK and international financial markets.
Libor has already been substantially changed, but some regulators in the United States have said that Libor is too flawed to be fixed and should be replaced.
Barclays had said the actions of ahandful of rogue traders in manipulating the key Libor rate, which influences the cost of loans and mortgages,‘fell well short of standards'.
After the 2012 Libor scandal in which major international lending banks were fined by the relevant authorities and besides the measures adopted to reform the Libor market, Andrew Bailey.
The Monetary Authority of Singapore found no evidence ofcriminal behavior during a year-long investigation triggered by the Libor rigging scandal, but said the traders had made several attempts to influence prices inappropriately between 2007 and 2011.
Libor is calculated using rates submitted by a group of leading banks who estimate how much it costs them to borrow in 10 currencies and 15 lengths of loans, ranging from overnight to 12 months.
Singapore's central bank last week punished 20 banks, including UBS, RBS and Dutch bank ING,(ING) for failing to prevent 133 traders from attempting to manipulate Sibor--Singapore's version of Libor-- and foreign exchange benchmarks during a four-year period.
The move could help provide a fresh start for Libor, or the London interbank offered rate, which is used to determine the cost of short-term loans around the world.