Search: LIBOR
RBA Glossary definition for LIBOR
LIBOR – The London Inter-Bank Offered Rate (LIBOR) is a reference rate based on the interest rates at which banks offer to transact with each other on an unsecured basis in the London market. The LIBOR reflects quotes by a panel of banks for maturities of up to 12 months for the euro, Japanese yen, Swiss franc, UK Pound sterling, and the US dollar. The reference rates are set at 11.00 am London time.
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The Impact of Unconventional Monetary Policy on the Overnight Interbank Market | Conference – 2013
19 Aug 2013
Conferences
RBA Annual Conference – 2013 The Impact of Unconventional Monetary Policy on the Overnight Interbank Market Morten L Bech and Cyril Monnet. The modus operandi of central banks in terms of implementing monetary policy has changed materially over
https://www.rba.gov.au/publications/confs/2013/bech-monnet.html
International Financial Conditions
8 May 2020
SMP
– May 2020
issued by the same financial entities; this was one factor contributing to the sharp increase in three month US LIBOR rates.
https://www.rba.gov.au/publications/smp/2020/may/international-financial-conditions.html
International and Foreign Exchange Markets
10 Aug 2010
SMP
– August 2010
In money markets, spreads between LIBOR and the expected cash rate (a measure of perceived bank risk) widened as European sovereign debt and banking sector concerns escalated in early May ... 19). This was most pronounced for US dollar LIBOR spreads as
https://www.rba.gov.au/publications/smp/2010/aug/intl-fx-mkts.html
International and Foreign Exchange Markets
10 Nov 2009
SMP
– November 2009
In money markets, spreads between LIBOR and the expected cash rate for the major currencies have narrowed substantially and are well below those prevailing throughout most of the financial crisis ... 17). Notably, US dollar LIBOR spreads are currently
https://www.rba.gov.au/publications/smp/2009/nov/intl-fx-mkts.html
Domestic Financial Markets and Conditions
10 Nov 2007
SMP
– November 2007
By mid September, the 3-month Australian-dollar LIBOR interest rate, the benchmark rate for offshore funding, had risen to 7.2 per cent, 60 basis points higher than levels in ... The rates on 3-month Australian dollar LIBOR and 3-month bank bills are
https://www.rba.gov.au/publications/smp/2007/nov/dom-fin-mkts.html
Innovation and Integration in Financial Markets and the Implications for Financial Stability | Conference – 2007
20 Aug 2007
Conferences
And the cost of secured funding has fallen – for example, in the UK the average spread on mortgages has fallen from 1.5 percentage points above LIBOR in 1999 to
https://www.rba.gov.au/publications/confs/2007/hamilton-jenkinson-penalver.html
Domestic Financial Conditions
10 Aug 2018
SMP
– August 2018
markets; so, in part the increase in BBSW rates relative to 2017 has reflected a spillover from higher US LIBOR spreads.
https://www.rba.gov.au/publications/smp/2018/aug/domestic-financial-conditions.html
International and Foreign Exchange Markets
10 May 2011
SMP
– May 2011
Spreads between interbank unsecured lending rates (LIBOR) and expected policy rates, which provide measures of the perceived riskiness of banks, remained low.
https://www.rba.gov.au/publications/smp/2011/may/intl-fx-mkts.html
Discussion on The Unfolding Turmoil of 2007–2008: Lessons and Responses | Conference – 2008
20 Aug 2007
Conferences
peak of credit default swap (CDS) spreads in February–March is not much higher than the 2002 peak); TED and LIBOR-OIS spreads are stubbornly high despite exceptional liquidity interventions; and
https://www.rba.gov.au/publications/confs/2008/cohen-remolona-disc.html
International and Foreign Exchange Markets
10 Nov 2008
SMP
– November 2008
As a result, yields on short-term US Treasuries fell to levels not seen since the 1940s (Graph 5), and the spread between 3-month US dollar LIBOR and yields on ... The loan to the SPV will pay interest at the 1-month US dollar LIBOR rate plus 250 basis
https://www.rba.gov.au/publications/smp/2008/nov/intl-fx-mkts.html