Sentence examples for interbank from inspiring English sources

The claim was made at the trial of Tom Hayes, 35, a dealer in Japanese yen derivatives at the Swiss bank UBS and then the US firm Citigroup, where the prosecution claim he earned £4.8m over a four-year period after attempting to rig Libor – the London interbank offered rate – on an almost daily basis.

The penalties levied on Barclays are part of an international investigation involving a number of banks – including RBS and Lloyds Banking Group – into interest rates known as the London interbank offered rate (Libor) and the Euro interbank offered rate (Euribor).

Using the spread between secured and unsecured interbank rates as a gauge of credit risk, it believes that in the second half of 2007, credit concerns may have played a significantly larger role than in late 1999.

An additional advantage for the ECB is that the policy might encourage a revival in the interbank market, encouraging banks in northern Europe which are flush with funds to lend again to those in southern Europe that have been suffering from a drought of funding.

After several years of excessive credit, much of it in the shadows of the banking system, China's financial institutions stopped lending to each other this month; on June 20th interbank interest rates briefly soared to 25%.

Despite the need of some banks for cash as the end of the quarter approached, the central bank sat on its hands, allowing rates to spike and signalling its determination to restrain the reckless growth of credit.Letting interbank rates spike is a brutally effective, if crude, way to punish overstretched lenders; it may also have sent a useful message to profligate local governments.

That could be a sign of distress, much as haywire interbank rates portended the West's financial crisis.

The slowdown in these foreign-exchange inflows contributed to the tightness in China's interbank market.That much is not controversial.

If they keep this policy rate steady, then interbank rates can surge only if banks start to doubt each other's creditworthiness.In this section Tinker, taper The Shibor shock T time Building the next boom State of pay Charging the mobile Desperately seeking scepticism Engineers of a different kind The goliaths ReprintsIn China the central bank's provision of liquidity is more ad hoc.

They were more interested in the price of oil than the price of interbank borrowing.This detachment has proved illusory.

The European interbank market is still tighter; Euribor is at an all time high.