Libor in a sentence

In addition, many banks have LIBOR exposure by issuing fixed-rate debt and then purchasing swap agreements to pay LIBOR rates, creating a synthetic rather than a fundamental LIBOR exposure.

Because coupons on floating rate notes have historically been set as a percentage amount, or “spread,” over LIBOR, a reliable and credible LIBOR alternative is essential.

The interest rate on outstanding borrowings under the Credit Facility may vary between LIBOR plus 1.30% and LIBOR plus 1.95%, depending on the Fund’s asset coverage ratios.

Ellington’s existing Series A preferred shares provide just under 8% in dividend yield, but should the company not call them next October, the dividend will float to three-month LIBOR plus 5.196%.

There's a -- there's a lag from the higher rates that have rolled through that has it, the companies haven't yet fully paid it because they make elections three months, six month LIBOR and it takes time for that to roll through on a 12 month basis.

Approximately 50% of our portfolio is floating rate and split between LIBOR and prime.

Contrary to what the subprime crisis, the Libor scandal and the periodic tax-dodging outrages might lead us to believe, they are not venal megalomaniacs.

It briefly turned negative during the worst of the coronavirus downturn, but both TED and LIBOR have declined far enough to turn back positive.

LIBOR, which stands for London Interbank Offered Rate, is a globally accepted key benchmark interest rate that indicates borrowing costs between banks.

Libor Zabransky and Brodi Stuart also scored for the Blazers (25-11-3).

Net financing revenue trends reflect lower commercial balances, LIBOR levels and lower lease gains.

Part of the argument made by Schrimpf and Sushko for the desirability of LIBOR-like rates is that wholesale unsecured funding costs may rise relative to other money market rates in times of stress such as during the financial crisis.

The 2007-2009 financial crisis uncovered that Libor had been manipulated by various financial firms to prop up returns and veil financial weakness.

The influence of the LIBOR rate extended beyond banks to affect the price of credit in many types of transactions.

The US$12 million IDB loan is for a 12-month term, with an amortization period of 25 years and an interest rate based on LIBOR.

Britain’s Financial Conduct Authority (FCA) has ordered banks and markets to stop using the London Interbank Offered Rate or Libor as a basis for pricing contracts.

It started quietly, but by the end at least 10 regulators across the globe were investigating if Libor was fixed.

LIBOR-based pricing also dominates the even bigger interest rate swaps market.

Maybe because Libor Hajek, the purported prize of the package obtained from the Lightning last February, has labored through the first half of his first pro season with the Wolf Pack.

The huge switch from the discredited Libor interest rate benchmark to a Bank of England alternative by the end of 2021 is probably progressing ahead of expectations and could boost London as a financial centre, top regulators said.