Definitions

from The American Heritage® Dictionary of the English Language, 5th Edition.

  • adjective Of or relating to transactions or communication between banks.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • adjective Of, pertaining to, or taking place between two or more banks

Etymologies

from Wiktionary, Creative Commons Attribution/Share-Alike License

From inter- +‎ bank.

Examples

  • When the resulting flight from asset-backed commercial paper caused exposures to come back on to the balance sheets of banks that had sponsored such programs, uncertainty about some banks 'exposures raised their funding costs, most notably in the term interbank market, as evidenced by widening LIBOR spreads.

    Lacker Speech on Financial Stability

  • Short-term interbank rates have kicked up; the one-week rate rose to 4.6% in early June from 3% at the beginning of May, helping to explain the PBOC's move to ease money-market conditions.

    Test of Nerve on China's Inflation

  • Dexia depended more heavily than any other euro-zone bank on short-term interbank lending, a relic of its decadelong lending binge to governments around the world.

    EU Gives Partial OK to Dexia Breakup

  • Mr. Tan's role at RBS as specified in the documents included providing the bank's rate setters with input in relation to various short-term interbank rates for submission to various interest rate fixing bodies, such as the British Bankers' Association, or BBA, which sets the Libor rate.

    Ex-RBS Singapore Trader Sues Bank for Wrongful Dismissal

  • TOKYO—Japan's securities industry watchdog called for action against the Japanese securities unit of Citigroup Inc. and UBS AG for improperly trying to influence the setting of short-term interbank interest rates in Tokyo.

    Japanese Watchdog Seeks Sanctions Against Citi, UBS

  • Short-term interbank rates have kicked up; the one-week rate rose to 4.6% in early June from 3% at the beginning of May, helping to explain the PBOC's move to ease money-market conditions.

    Test of Nerve on China's Inflation

  • But floating-rate loans, which often are linked to short-term interbank lending rates known as Euribor rates, could run into trouble if those rates rise.

    Property Stocks May Gain From ECB Rate Rise

  • HSBC Holdings PLC's Hong Kong unit offered mortgages with lending rates based on short-term interbank rate, with the effective lending rate below 1%.

    HKMA Warns on Rates

  • As fear of default risk eases, banks 'renewed willingness to pass on excess liquidity to their peers also has pushed down longer-term interbank lending rates, which hit record lows Tuesday.

    ECB Sees Liquidity Needs Ebb

  • Some banks borrowed tremendous sums in the short term interbank market to buy mortgages.

    fifteen tons

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