The LIBOR is the

Question

The LIBOR is the

Quizplus · Accepted Answer

LIBOR stands for London Interbank Offered Rate and it represents the interest rate at which banks in London are willing to lend funds to other banks on the Eurodollar market. It is a widely used benchmark for short-term interest rates and serves as a reference rate for many financial instruments, such as loans, bonds, and derivatives. Therefore, the correct answer is D, which indicates that LIBOR is the interest rate charged on Eurodollar loans made between banks.

The LIBOR Is the