Glossary entry (derived from question below)
English term or phrase:
LTBO/LIBO (rates)
English answer:
London Interbank Offered Rate
Added to glossary by
Manuel Cedeño Berrueta
Feb 9, 2007 16:12
17 yrs ago
English term
LTBO/LIBO (rates)
English
Bus/Financial
Finance (general)
Meaning of acronym/types of interest rate
Hello everybody.
Could someone tell me the meaning of these acronyms?
In the Internet I have found “Legal Toolkit for Business Owners, Controllers, and CPAs”, but I think this is not the appropriate meaning in this context:
“The interest rate on the Facility for each Loan shall be:
For LTBO Rate Loans, the interest rate shall be the sum of: (w) the LIBO Rate plus (x) the Applicable Margin (capitalized terms defined below).”
Many thanks for any help.
Manuel
Could someone tell me the meaning of these acronyms?
In the Internet I have found “Legal Toolkit for Business Owners, Controllers, and CPAs”, but I think this is not the appropriate meaning in this context:
“The interest rate on the Facility for each Loan shall be:
For LTBO Rate Loans, the interest rate shall be the sum of: (w) the LIBO Rate plus (x) the Applicable Margin (capitalized terms defined below).”
Many thanks for any help.
Manuel
Responses
27 mins
Selected
london treasury bills offered rate/london inter-bank offered rate
That's it.
Even though the other meaning for LTBO already mentioned in other answers is right, this is the one in the offered context.
IMHO.-
Even though the other meaning for LTBO already mentioned in other answers is right, this is the one in the offered context.
IMHO.-
4 KudoZ points awarded for this answer.
Comment: "¡AGRADECIDO!"
+2
13 mins
English term (edited):
LIBOR
London Interbank Offered Rate
What is LIBOR?
Libor stands for the London Interbank Offered Rate and is the rate of interest at which banks borrow funds from each other, in marketable size, in the London interbank market.
(taken from the website of the British Bankers' Association)
Libor stands for the London Interbank Offered Rate and is the rate of interest at which banks borrow funds from each other, in marketable size, in the London interbank market.
(taken from the website of the British Bankers' Association)
Reference:
+1
15 mins
Local Treasury Bills Ordinance/London InterBank Offered Rate
http://216.239.59.104/search?q=cache:1IRbyoGzmAEJ:www.centra...
LTBO Local Treasury Bills Ordinance
http://216.239.59.104/search?q=cache:fRzwAVXxtsEJ:https://ww...
London Interbank Offered Rate
LTBO Local Treasury Bills Ordinance
http://216.239.59.104/search?q=cache:fRzwAVXxtsEJ:https://ww...
London Interbank Offered Rate
Peer comment(s):
agree |
Armando Diaz
: Si!
3 mins
|
neutral |
Nesrin
: Is there a "Local Treasury Bills Ordinance Rate" though?
5 mins
|
Seems sad I don't get the points, particularly as I found the acronym! No hard feelings though. "Local" in this case = London.
|
|
neutral |
Rafal Korycinski
: Local Tresury Bills Oddinance is a WRONG answer in this context.
19 hrs
|
+1
14 mins
LtBOR/ LIBOR
The more common abbreviations are LtBOR and LIBOR
LIBOR stands for London Inter Bank Offered Rate
I've found LtBor used widely on the internet, but couldn't find anywhere what it stands for. Sorry!!
--------------------------------------------------
Note added at 1 hr (2007-02-09 18:04:20 GMT) Post-grading
--------------------------------------------------
My last conclusion (acc. to notes above): LTBO is a typo for LIBO.
LIBOR stands for London Inter Bank Offered Rate
I've found LtBor used widely on the internet, but couldn't find anywhere what it stands for. Sorry!!
--------------------------------------------------
Note added at 1 hr (2007-02-09 18:04:20 GMT) Post-grading
--------------------------------------------------
My last conclusion (acc. to notes above): LTBO is a typo for LIBO.
Reference:
Note from asker:
Millions of thanks! I am extremely sorry for the confusion. Best regards. |
Discussion
I have called the client, who has confirmed what Nesri says: “LTBO” is a typo for “LIBO”. I am really sorry about that. I have to change my choice. THANKS!
“LIBO Rate” is defined, and means what the colleagues say.
Unfortunately, “LTBO Rate” is not defined, but the meaning must be what Miguel says.
Millions of thanks to you all!
Manuel