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Interbank Offered Rate  (IBOR) - Financial definition

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  Concise definition of the term Interbank Offered Rate

An interbank offered rate is the interest rate at which banks lend to and borrow from one another in the interbank market for a given currency and term.

  Comprehensive definition of the term Interbank Offered Rate

The best known IBOR rates are EURIBOR and LIBOR.

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