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The benchmarks involved are the London interbank offered rate, or Libor, the Tokyo interbank offered rate and the euro area equivalents.
Then there is the London interbank offered rate.
Libor is short for the London interbank offered rate.
The UBS fine exposes the full scale of the attempts to manipulate the two rates – London interbank offered rate (Libor) and the Euro interbank offered rate (Euribor).
The multiyear investigation centers on benchmark rates, including the London interbank offered rate, Libor, and the Euro interbank offered rate, Euribor.
The Barclays case centers on key benchmarks, including the London interbank offered rate, or Libor, and the Euro interbank offered rate, or Euribor.
(Libor is the London interbank offered rate, basically what banks pay on loans to each other).
Libor is an acronym for the London interbank offered rate, a common standard.
Hooray for Christmas socks.And one silver lining: the London interbank offered rate is down.
The case centers on the major benchmark rates like the London interbank offered rate, or Libor.
Market manipulation is at the heart of the Libor — London interbank offered rate — scandal.
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