euribor

listen to the pronunciation of euribor
İngilizce - İngilizce
Cross-Euroland Euro interbank reference rate established by a panel of about 60 european banks
Abbr for European Interbank Offered Rate
The benchmark rate at which euro interbank term deposits within the eurozone are offered by one prime bank to another prime bank
The interest rate at which euro-denominated interbank deposits (with thirteen different maturities) are offered in the money market within the euro area The Euribor rate is computed as the average of the interest rates offered by a group of 57 of the most active banks in the euro area At least 50% of these banks should have provided a statement of their interest rates; subsequently, 15% of the highest and lowest interest rates are eliminated from the computation