A rate that can be applied to lending and borrowing transactions in the interbank market, as an alternative to the LIBOR or LIBID rates. The London Interbank Mean Rate is calculated by averaging the LIBOR and LIBID rates, and serves as an indicator of average interbank lending rates in addition to being a functioning rate for borrowing.
Related information about london interbank mean rate (LIMEAN):
- London Interbank Mean Rate (LIMEAN) Definition | Investopedia
The mid-market rate in the London Interbank market, which is calculated by averaging the offer rate (LIBOR) and the bid rate (LIBID). The LIBOR is the rate at ...
- What is London Interbank MEAN (LIMEAN) rate? definition and ...
Definition of London Interbank MEAN (LIMEAN) rate: Interest rate at the midway between LIBOR and LIBID rates, used as a reference for floating rate payments.
- London Interbank Mean Rate - LIMEAN: Definition from Answers.com
London Interbank Median Average Rate (Limean) Midpoint between the bid rate (LIBID) and the offered rate (LIBOR) in the.
- What is london interbank mean rate (LIMEAN)? - InvestorWords.com
Definition of london interbank mean rate (LIMEAN): A rate that can be applied to lending and borrowing transactions in the interbank market, as an alternative to ...
- Libor Definition from Financial Times Lexicon
... (or take deposits) from another bank will quote the London interbank bid rate ( Libid), while the London interbank mean rate (Limean) is the average of the two.
- Floating-rate notes (FRNs) - OECD.Stat
Aug 1, 2002 ... London interbank offered rate (LIBOR), - London interbank bid rate (LIBID), or - London interbank mean rate (LIMEAN) (average of LIBOR and ...
- Abstract - CRCnetBASE
London Interbank Mean Rate (LIMEAN) is the midpoint of the LIBOR-LIBID spread. LIMEAN has been used as a reference for floating rate payments. LONDON ...
- Euro London Inter-Bank Offer Rate financial definition of Euro ...
The LIBOR calculated in euros. It is a rare occurrence to calculate the euro LIBOR and is mainly used as a convenience for contracts that predate the euro.