Statements (42)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
interest rate benchmark
|
| gptkbp:administeredBy |
gptkb:ICE_Benchmark_Administration
|
| gptkbp:calculationMethod |
panel of major global banks
|
| gptkbp:category |
reference rate
benchmark rate |
| gptkbp:ceased_operations |
June 30, 2023
|
| gptkbp:criticizedFor |
subject to manipulation scandals
|
| gptkbp:currency |
United States Dollar
|
| gptkbp:dataSource |
contributions from panel banks
|
| gptkbp:firstPublished |
1986
|
| gptkbp:frequency |
daily
|
| gptkbp:fullName |
United States Dollar London Interbank Offered Rate
|
| https://www.w3.org/2000/01/rdf-schema#label |
USD LIBOR
|
| gptkbp:impact |
trillions of dollars in contracts
|
| gptkbp:location |
gptkb:London
|
| gptkbp:method |
average of submitted rates after trimming outliers
|
| gptkbp:phaseOutAnnounced |
2017
|
| gptkbp:publishedIn |
gptkb:United_Kingdom
|
| gptkbp:regulates |
Financial Conduct Authority
|
| gptkbp:relatedTo |
gptkb:SOFR
gptkb:EURIBOR gptkb:LIBOR gptkb:TIBOR global financial markets |
| gptkbp:replacedBy |
gptkb:SOFR
|
| gptkbp:riskFactor |
unsecured interbank lending rate
|
| gptkbp:scandalYear |
2012
|
| gptkbp:successorBenchmark |
gptkb:SOFR
|
| gptkbp:tenors |
1 month
12 months 6 months overnight 3 months 2 months 1 week |
| gptkbp:usedFor |
basis for bonds
basis for derivatives basis for loans basis for mortgages reference rate for financial contracts |
| gptkbp:bfsParent |
gptkb:SOFR
|
| gptkbp:bfsLayer |
7
|