Overnight USD LIBOR Makes Biggest Jump on Record
September 30, 2008 – 3:16 amIn the largest rise on record, the British Bankers Association
reported that the overnight U.S. dollar inter-bank lending rate
(LIBOR) jumped 431 basis points to 6.88%.
In the largest rise on record, the British Bankers Association
reported that the overnight U.S. dollar inter-bank lending rate
(LIBOR) jumped 431 basis points to 6.88%.