EURIBOR, LIBOR interest rates

EURIBOR interest rates

The EURIBOR index, set by the European Money Markets Institute (EMMI), is the rate at which banks borrow money in the European Union interbank market.

More about EURIBOR rates read:

• Latvijas banka webpage
• EMMI webpage

LIBOR interest rates

LIBOR is the average interest rate at which major global banks borrow from one another. The London Inter-bank Offered Rate (LIBOR) is a benchmark interest rate at which major global banks lend to one another in the international interbank market for short-term loans.

More about LIBOR rates read here.

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