Definitions
Wiktionary
- London Interbank Offered Rate (loan interest rate)
Examples
“Gross said the firm has a short position in short-term LIBOR bank-related swaps, one component of the government related category that also comprises agency bonds, interest-rate swaps, Treasury Inflation Protected Securities, or TIPS, Treasury futures and options and corporate securities guaranteed by the Federal Deposit Insurance Corp.”
“Gross said earlier this month that the firm has a short position in short-term LIBOR bank-related swaps, one component of the government related category that also comprises agency bonds, interest-rate swaps, Treasury Inflation Protected Securities, or TIPS, Treasury futures and options and corporate securities guaranteed by the Federal Deposit Insurance Corp.”
“The interest rate swap increased interest expenses $600,000 in the first quarter and this is because of a drop in interest rate and specifically short term LIBOR during the quarter.”
“Net interest expense of 76 million decreased mainly due to lower short-term LIBOR and EURIBOR rates.”
“As you could see, while short term LIBOR rates, 30 and 90 days, have dropped by approximately 50\% to roughly 2. 5\% and 2. 8\%, respectively, from a year ago, spreads relative to the Federal Reserve target rate are well above historical norms, 46 basis points and 79 basis points, respectively.”
“If confidence is returning to the credit markets, the spread between the two numbers should begin to narrow as the banks 'rate - known by the acronym LIBOR - falls.”
“Ordinary people have some idea what the once obscure term LIBOR means, according to a piece on Bloomberg.”
“We believe the fourth quarter interest expense on the acquisition borrowing should rise approximately $12 million in the December reporting period reflecting a full quarter of outstanding debt and to a lesser extent the modest increase in short-term LIBOR rates experienced in the current quarter.”
“He can't give you an exact number, but he can tell you, for instance, it might be what's called LIBOR plus two percentage points.”
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