The British Banker's Association average of interbank rates for dollar deposits in the London market is called the
A) Libor rate.
B) federal funds rate.
C) prime rate.
D) Treasury Bill rate.

Question

Quizplus · Accepted Answer

The British Banker's Association average of interbank rates for dollar deposits in the London market is commonly referred to as the Libor rate.

The British Banker's Association Average of Interbank Rates for Dollar