CORPORATE FINANCE: London Interbank Offered Rate (LIBOR) Custom Essay

The effect of Libor on a firm Borrowing Costs Corporate Finance Libor (London Interbank Offered Rate) It refers to the rate of interest at which big banks lend from one another. It is a broadly quoted benchmark for short-lived interest rates. It has widely become most banks’ source to base the pricing of their variable commodities a head of the initial bank rate.