Learn how the current index value impacts variable-rate loans, affecting interest rates with indexed rates and margins. Essential for market-related financial decisions.
Discover the history, functionality, and transition of Euro LIBOR, the euro-denominated interbank rate, and its replacement in European financial markets.
LONDON, May 10 (Reuters) - Britain's finance watchdog wants banks to speed up a shift to new interest rate benchmarks that replace the Libor rate which is being scrapped after December. The London ...