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  1. LIBOR: What Was the London Interbank Offered Rate, and How …

    Apr 20, 2025 · The London Interbank Offered Rate, or LIBOR, was the interest rate used by major banks in the market for short-term loans. It was phased out and replaced by SOFR in 2023.

  2. Libor - Wikipedia

    The London Inter-Bank Offered Rate (Libor / ˈlaɪbɔːr / LY-bor) [a] was an interest rate average calculated from estimates submitted by the leading banks in London.

  3. LIBOR: Why It Was Phased Out and What Replaced It | CFI

    Dec 31, 2021 · LIBOR, or the London Interbank Offered Rate, was a benchmark interest rate that represented the average rate at which major global banks were willing to lend to each other on …

  4. LIBOR Discontinuation: Timeline, SOFR, and Legacy Contracts

    5 days ago · LIBOR Discontinuation: Timeline, SOFR, and Legacy Contracts Master the global financial shift away from LIBOR. We explain the new benchmark structure and the legal …

  5. LIBOR, defined and explained | Rocket Mortgage

    What was the London Interbank Offered Rate (LIBOR)? The London Interbank Offered Rate (LIBOR) was an index that was formerly used to establish the interest rate for many adjustable …

  6. What is LIBOR: History, Calculation, and Transition to SOFR

    Jun 17, 2024 · LIBOR stands for the London Interbank Offered Rate. It’s the average interest rate at which major London banks lend to one another on the international interbank market for …

  7. LIBOR Rate Explained: What It Was and What Replaced It

    Jul 11, 2025 · What Was the LIBOR Rate? The London Interbank Offered Rate (LIBOR) was a global benchmark interest rate that measured the average cost for major banks to borrow from …

  8. What Was LIBOR? Definition and Its Discontinuation | TraditionData

    Dec 9, 2025 · LIBOR was a benchmark interest rate that represented the average rate at which major global banks were willing to lend to one another on an unsecured basis. It was …

  9. LIBOR Explained: Definition, Components & Market Transition

    May 31, 2025 · LIBOR or the London Interbank Offered Rate, is a key benchmark interest rate that serves as an indicator of the average rate at which major global banks lend to one another …

  10. A guide to LIBOR - Its history, impact, and future

    For decades, LIBOR, the London Interbank Offered Rate, served as a cornerstone of the global financial system. Specifically, as a benchmark interest rate, it influenced trillions of dollars in …