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London Inter Bank Borrowing Rate
(Redirected from Libor)The London Inter Bank Borrowing Rate (Libor) is in effect the interest rate that U.K. mortgages are based on. This is the rate that Banks lend to each other.
The London Inter Bank Borrowing Rate (Libor) is in effect the interest rate that U.K. mortgages are based on. This is the rate that Banks lend to each other.