The London Interbank Bid Rate (LIBID)is the interest rate that London banks charge other large banks for borrowing Eurocurrency.

Name: The London Interbank Bid Rate (LIBID)is the interest rate that London banks charge other large banks for borrowing Eurocurrency.
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The London Interbank Bid Rate (LIBID) is the rate at which banks are willing to borrow Eurocurrency, not lend it. The rate at which they lend is called the London Interbank Offered Rate (LIBOR).

The London Interbank Bid Rate (LIBID)is the Interest Rate That