interbank offered rate
C13953
concept
An interbank offered rate is the interest rate at which major banks are willing to lend unsecured funds to one another in the short-term wholesale money market.
All labels observed (1)
| Label | Occurrences |
|---|---|
| interbank offered rate canonical | 1 |
Description generation (CDg)
The one-sentence description above was generated by prompting gpt-5.1 with the class name and this instruction.
Instruction
generate a one-sentence description for a given conceptual class. # Response Format Return only the sentence: "Description: [one-sentence description of the conceptional class]"
Input
Class: interbank offered rate
Generated description
An interbank offered rate is the interest rate at which major banks are willing to lend unsecured funds to one another in the short-term wholesale money market.
Instances (1)
| Instance | Via concept surface |
|---|---|
| 3-month U.S. dollar LIBOR | — |