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Libor Index Trends
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   Questions from Mortgage Professionals-> Questions about Mortgage LendingMessage format
 
Anonymous
Posted 2/1/2008 11:45 AM (#1710)
Subject: Libor Index Trends
Re: 3, 6, 12-mos Libor Index, which would be a better indicator of the direction of the 1-mos Libor Index? Why?
liverichly
Posted 2/24/2008 1:27 PM (#1726 - in reply to #1710)
Subject: RE: Libor Index Trends
Posts: 11
The 1 month LIBOR compared to the 3-month would be the best comparison. The 3, 6 & 12 month LIBOR index are all an average of the 1 month LIBOR. So if the 1 month LIBOR is lower than the 3, 6, & 12 month, then the LIBOR index would have declined over the past 3 months... thus you would know the 3, 6 & 12 month LIBOR indexes would also be expected to decline.
Merit Raynard
Posted 11/4/2008 7:15 AM (#1897 - in reply to #1710)
Subject: RE: Libor Index Trends
Posts: 2
LIBOR means LONDON INTER-BANK EXCHANGE RATE.Banks across London, lend and borrow among each other during their course of activities.This lending- borrowing among the banks is done, for keeping up with the statutory Liquidity Requirements of the Banks.Each banks i supposed to maintain a certain portion of liquid resources with itself.If as the day progressess the bank feels that by the end of the day, it will not be able to maintain its minimum liquidity requirement, it borrowers from other banks, to fill up its requirement,This borrowed money is later repaid with Interest. The interest that the bank charges on such very short term lending is called LIBOR.When the demand for such Short term Borrowing is very high , LIBOR increases . When the demand for borrowed short term moeny is low, LIBOR decreases......
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