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euro libor

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Financial Dictionary

Euro LIBOR

LIBOR denominated in euro.

Investopedia Commentary

The Euro LIBOR is based upon the average of the lending rates of 16 banks. These bank rates are available to the public through the British Bankers Association (BBA).

See also: Benchmark, EONIA, EURIBOR, Eurocurrency, Footsie, LIBID, London Interbank Offer Rate - LIBOR, Money Market, Panel Bank

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