Referring to EM_0_I0B LIBOR(1Mth), it should be 0.5% now, but the data show 99.8.
I get no idea about 99.8, does it ready referring to LIBOR or something else.
Does anyone have any suggestions?
Thanks in advance for any suggestions
What Libor is referring to ?
But the actual bank rate of 0.5% is actually reflecting those borrow/lend activities between banks, will it be more representative than derived interest rate at 0.2%?jas-105 wrote:The derived interest rate is 100 - 99.8, so 0.2%.
The reason it is different from the actual bank rate of 0.5% is because this is the average rate that banks charge each other to borrow/lend.
The banks setting these rates are largely crooked so be careful !
Do you have any suggestions?
Thanks you very much for any suggestions