Definition for : EURIBOR, Euribor

EURIBOR is one of the main reference rates. This is the European money-Market rate corresponding to the arithmetic mean of offered rates on the European banking Market for a given Maturity (between 1 and 12 months). The EURIBOR is published by the European Central Bank based on daily quotes provided by 64 European banks.

(See Chapter 21 Other debt products of the Vernimmen)

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