Which of the following is rate of interest the major international banks charge each other for borrowings ?

A. New York Interbank Offered Rates (NIBOR)

B. international Interbank Offered Rates (IOBOR)

C. USA Interbank Offered Rate (UIBOR)

D. London Interbank Offered Rate (LIBOR)

Found an error? Read our corrections policy and submit a sourced correction below. You can also share a useful explanation in your own words.

Discuss the answer or suggest a sourced correction
Thank you for contributing.
Your comment was submitted and will appear after editorial review.

Your email is used only for moderation and is never displayed. Spam, copied material and fabricated endorsements are rejected.