According to Bloomberg, Euribor 3 months (and more precisely Euribor 3m ACT/360) is the benchmark rate in the large euro money market. It is said that "Euribor is quoted on an actual/360 day-count convention". I am not sure to understand. Does it means that it is an annualised rate or that it is a daily rate or again that it is the rate that applied to the nominal will give me the real amount of interests for three months ?
Thank your for your help !