Interbank Benchmark Rates

Interbank benchmark-rate pages explain quoted or transaction-based reference rates used in lending, derivatives, floating-rate securities, and legacy contracts.

This branch now holds the interbank benchmark family so regional rate terms do not sit inside the general banking rates folder.

In this section

• Global Interbank Offered Rate Families
  Global interbank offered-rate family terms used in floating-rate instruments and bank funding analysis.
  • 'Interbank Offered Rates: Meaning and Benchmark Role'
    Learn what interbank offered rates are and why they served as benchmarks for lending, derivatives, and floating-rate contracts.
  • Bank Bill Swap Rate (BBSW): An Australian Benchmark for Short-Term Funding and Floating-Rate Contracts
    Learn what the Bank Bill Swap Rate is, how BBSW is used in Australian money markets, and why it matters for floating-rate loans, securities, and derivatives.
  • EURIBOR: Euro Inter Bank Offered Rate
    A comprehensive guide to understanding EURIBOR, its historical context, types, key events, detailed explanations, and its significance in the financial world.
  • Hong Kong Interbank Offered Rate (HIBOR): Meaning and Use
    Learn what HIBOR is and why interbank reference rates matter in Hong
  • IBOR: Inter Bank Offered Rate
    An in-depth exploration of IBOR, its historical context, types, key events, and importance in global finance.
  • Johannesburg Interbank Average Rate (JIBAR): Meaning and Use
    Learn what JIBAR is and why South African lenders, borrowers, and derivative
  • LIBID: London Inter Bank Bid Rate
    Comprehensive Overview of the London Inter Bank Bid Rate (LIBID), its History, Applications, and Importance
  • LIMEAN: Abbreviation for London Inter Bank Mean Rate
    Comprehensive coverage of LIMEAN, the London Inter Bank Mean Rate, including historical context, key events, mathematical models, importance, and more.
  • Mumbai Interbank Offer Rate (MIBOR): Meaning and Use
    Learn what MIBOR is and why it matters in Indian money markets, floating-rate
  • SIBOR: A Key Benchmark Interest Rate
    SIBOR, or the Singapore Interbank Offered Rate, is the interest rate at which banks in Singapore lend to one another and plays a crucial role in the Asian financial markets.
  • TIBOR (Tokyo Interbank Offer Rate): Meaning and Use
    Learn what TIBOR is and why interbank benchmark rates matter in Japanese
• LIBOR Transition and Legacy Rates
  Legacy LIBOR and benchmark-transition terms used in loans, bonds, and derivatives.
  • LIBOR
    Legacy interbank benchmark rate still encountered in older loans, bonds, and derivatives despite its phaseout.
  • LIBOR vs. SONIA: Comparison of Benchmark Rates
    A detailed comparison between LIBOR (London Interbank Offered Rate) and SONIA (Sterling Overnight Index Average), focusing on their definitions, methodologies, historical context, and applicability in financial markets.
  • The LIBOR Scandal: Unveiling the Manipulation and Its Impact on Companies
    In 2012, the LIBOR scandal revealed the manipulation of the London Interbank Offered Rate by bankers for profit. This article delves into the events, the repercussions for businesses, and the broader financial implications.
• Overnight and Risk-Free Benchmarks
  Overnight benchmark and near risk-free reference-rate terms used across modern fixed-income markets.
  • €STR
    Euro overnight funding benchmark used in derivatives, floating-rate contracts, and euro-area money markets.
  • EONIA: Euro Overnight Index Average
    EONIA is the overnight reference rate for the eurozone interbank market, as computed by the European Central Bank.
  • SOFR
    Treasury-backed overnight funding benchmark widely used in floating-rate loans, swaps, and U.S. dollar valuation.
  • SONIA: Sterling Overnight Index Average
    An in-depth look at SONIA, the Sterling Overnight Index Average, and its role in the financial markets.
  • TONA: Tokyo Overnight Average Rate
    The Tokyo Overnight Average Rate (TONA) is a comprehensive indicator reflecting the cost of uncollateralized overnight borrowing in the Japan Interbank Market.