The interest rate that is used most frequently in international loan agreements today is:

Question

Quizplus · Accepted Answer

LIBOR (London Interbank Offered Rate) is the interest rate used as a benchmark to set the interest rates in international loan agreements. It is based on the rates at which banks lend to each other in the London interbank market and is widely used in the global financial markets as a reference rate for short-term interest rates. Therefore, Option E is the best choice.

The Interest Rate That Is Used Most Frequently in International