LIMEAN: Difference between revisions
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imported>Doug Williamson m (Category added 9/10/13) |
imported>Doug Williamson (Update for LIBOR transition.) |
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Formerly and informally a guess at the average of LIBOR and LIBID | Formerly - and informally - a guess at the average of LIBOR and LIBID. | ||
Use of this term is deprecated. | |||
In an analogy with London Inter-Bank Offered Rate, LIMEAN | |||
There is no observed rate and LIMEAN was often taken as 1/16th % less than LIBOR. | |||
In an analogy with London Inter-Bank Offered Rate, LIMEAN was sometimes expanded as London Inter-bank Mean rate. | |||
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* [[LIBID]] | * [[LIBID]] | ||
* [[LIBOR]] | * [[LIBOR]] | ||
* [[Mean]] | * [[Mean]] | ||
[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
Latest revision as of 10:04, 14 April 2022
Formerly - and informally - a guess at the average of LIBOR and LIBID.
Use of this term is deprecated.
There is no observed rate and LIMEAN was often taken as 1/16th % less than LIBOR.
In an analogy with London Inter-Bank Offered Rate, LIMEAN was sometimes expanded as London Inter-bank Mean rate.
