Tag Info

Hot answers tagged

4

Regarding swaps, the current preferred fixings for IRS in various currencies are given below. As with all OTC instruments, you're free to use whatever you like when you agree a deal, though most banks will stick to particular fixings. Ccy Dom Int Alt Int AUD BBSW BBSW LIBOR CAD CDOR CHF LIBOR CZK PRIBOR DKK CIBOR EUR ...


4

First point to consider : some banks are by nature "positive" in their account to the central banks , for instance classical saving banks tend to get more deposit than loans; conversely others are more engage in loans activity (investments banks..) and are by "nature" borrowers on Interbank markets. Secondly (the point you underestimate), mandatory ...


3

e.g. does bangkok interbank rate 1 Yr represent all of Thailand instead of the non existant thailand interbank rate 1 Yr Bangkok Interbank Offered Rate, BIBOR, Bank of Thailand Offered Rate are all synonyms, so yes, you can think of BIBOR1Y as Thailand Interbank 1Y. e.g. does t/n equal with o/n No. T/N (tom/next) is a deal that starts tomorrow ...


3

The reference rate used in Australia is the Bank Bill Swap Rate. According to Investopedia "The bank bill interest rate is the wholesale interbank rate within Australia and is published by the Australian Financial Markets Association (AFMA). It is the borrowing rate among the country's top market makers, and is widely used as the benchmark interest rate for ...


2

Here are your Australian LIBOR rates: http://www.homefinance.nl/english/international-interest-rates/libor/libor-interest-rates-aud.asp Couple points in addition: Every major financial market has an established rates market at which banks are borrowing and lending among themselves. In fact such transactions are performed every single day in order to ...


1

The interbank rate probably isn't reasonable given your second example. However, between the constant capital flows going back and forth between thousands of banks on a daily basis and the asymmetric nature of the banking model, it's difficult and unrealistic to determine a fair market rate between the two parties. As far as I'm concerned, bank A got the ...



Only top voted, non community-wiki answers of a minimum length are eligible