LIBID is the arithmetic average of LIBOR and LIMEAN.

Name: LIBID is the arithmetic average of LIBOR and LIMEAN.
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LIBID (London Interbank Bid Rate) and LIBOR (London Interbank Offered Rate) are separate rates; LIBID is the rate at which banks are willing to borrow from other banks, while LIBOR is the rate at which banks are willing to lend to other banks. LIMEAN is not a standard financial term related to these rates.

LIBID Is the Arithmetic Average of LIBOR and LIMEAN