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girale middenkoers

English translation: interbank mean rate

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12:37 Feb 23, 2006
Dutch to English translations [PRO]
Bus/Financial - Finance (general) / Banking
Dutch term or phrase: girale middenkoers
This is the rate to be used by a Dutch bank for converting from one currency to another. It is contrasted with the laatkoers.
Brian Moses
United Kingdom
Local time: 12:37
English translation:interbank mean rate
Explanation:
Compare, for example, LIMEAN, the London Interbank Mean rate:

- London interbank offered rate (LIBOR),
- London interbank bid rate (LIBID), or
- London interbank mean rate (LIMEAN) (average of LIBOR and LIBID).
(http://stats.oecd.org/glossary/detail.asp?ID=4673)

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Note added at 30 mins (2006-02-23 13:08:28 GMT)
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laatkoers = overnight rate

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Note added at 4 days (2006-02-28 10:12:35 GMT) Post-grading
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sorry, the 'laatkoers' is the 'ask price', of course!
Selected response from:

Chris Hopley
Netherlands
Local time: 13:37
Grading comment
Many thanks for this answer.
Regards, Brian
4 KudoZ points were awarded for this answer

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Summary of answers provided
4 +4interbank mean rate
Chris Hopley


Discussion entries: 1





  

Answers


30 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +4
interbank mean rate


Explanation:
Compare, for example, LIMEAN, the London Interbank Mean rate:

- London interbank offered rate (LIBOR),
- London interbank bid rate (LIBID), or
- London interbank mean rate (LIMEAN) (average of LIBOR and LIBID).
(http://stats.oecd.org/glossary/detail.asp?ID=4673)

--------------------------------------------------
Note added at 30 mins (2006-02-23 13:08:28 GMT)
--------------------------------------------------

laatkoers = overnight rate

--------------------------------------------------
Note added at 4 days (2006-02-28 10:12:35 GMT) Post-grading
--------------------------------------------------

sorry, the 'laatkoers' is the 'ask price', of course!

Chris Hopley
Netherlands
Local time: 13:37
Specializes in field
Native speaker of: English
PRO pts in category: 103
Grading comment
Many thanks for this answer.
Regards, Brian

Peer comments on this answer (and responses from the answerer)
agree  WIDIC
16 mins

agree  Dave Calderhead
2 hrs

agree  Dennis Seine
2 hrs

agree  CI95: or similar eg interbank mid(-market) rate, but the asker is right about laatkoers=offer/ask price (cf biedkoers=bid price).
5 hrs
  -> yes, you're right of course: 'ask price'
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