LIMEAN
From ACT Wiki
Jump to navigationJump to search
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.
