The rate most international banks charge one another for overnight Eurodollar loans is called the:

Question

Quizplus · Accepted Answer

The rate most international banks charge one another for overnight Eurodollar loans is called the London Interbank Offered Rate (LIBOR). This is commonly used as a benchmark for interest rates for various financial products, such as loans, mortgages, and derivatives. The other choices (A, C, D, and E) are not correct because they do not accurately describe the rate for overnight Eurodollar loans.

The Rate Most International Banks Charge One Another for Overnight