Which libor rate is used for loans?

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Aniyah Bernier asked a question: Which libor rate is used for loans?
Asked By: Aniyah Bernier
Date created: Fri, Mar 5, 2021 1:39 PM
Date updated: Tue, Sep 27, 2022 2:51 PM

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Video answer: What is libor?

What is libor?

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Understanding LIBOR

1 The most commonly quoted rate is the three-month U.S. dollar rate, usually referred to as the current LIBOR rate. LIBOR is also the basis for consumer loans in countries around the world, so it impacts consumers just as much as it does financial institutions.

Video answer: What is libor: what is it and why does it matter? ☝️

What is libor: what is it and why does it matter? ☝️

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Video answer: What is libor and why should we care?

What is libor and why should we care?