→interbank offered rate(Definition ofinterbank ratefrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofinterbank rate
interbank rateOperating targets are typically measures of bank reserves or short-term interest rates such as the overnightinterbankrate.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Theinterbankrateis the rate of interest charged on short-term loans between banks.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Such loans are made at theinterbankrate(also called the overnight rate if the term of the loan is overnight).FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The commission charged is usually 0.5% and money is converted at theinterbankrate, in contrast to the company setting a premium rate.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The board, however, rejected the government's request and voted by 7-2 to increase theinterbankrate.From theCambridge English CorpusBut one method is to divide the average three monthinterbankrateby the 12 month all-items retail prices index.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0That is, the link between interbank rates and reserves is asymmetric.From theCambridge English CorpusThese examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/interbank-rate##
