You’ve been LIBORed


I was fascinated to pick up on an article in The Financial Times last week about LIBOR, the London Interbank Offered Rate. It got a bad vibe because the world discovered bankers were rigging the system but, ever since, we have been looking for a replacement. What is it? LIBOR is about a number. A single number…

The post You’ve been LIBORed appeared first on Chris Skinner’s blog.


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