Sentences with word «libor»

Icap has dropped 6.6 p to 389.1 p ahead of news on possible fines on its part in the alleged fixing of libor, with reports of possible criminal charges against some of its employees.

He's taken # 5m from Michael Spencer, whose party was found to be rigging libor rates.»

Even if this is true, what's the motivation for posting libor rates so much higher than central bank rates?

Like most people in a bit of a huff, he tweeted: «New finance committee is a total joke» and that «Tyrie had already reached his conclusions before he whitewashed libor scandal».

Wingate, a subsidiary of Guardian Care Homes, has brought an interest rate swap claim, against Lloyds, alleging that a 2011 settlement over swap mis - selling should be overturned because of the bank's libor fixing.

Products whose prices are calculated with reference to libor include interest rate futures, swaps, floating rate notes, syndicated loans, variable rate mortgages, collateralized mortgages and debt, and forward rate agreements.

When many of the various LIBORs of the world are showing signs of fear, it is possible that a larger trouble is at hand.

In most cases it is based off of 1 - month libor which is about 17bps with a added spread our 360bps, so overall pretty cheap money.

The rate is low, something like libor +1 %, however the loan is collateralized by moving market positions to cash and therefore you are missing out on the average 7 % market returns., so the overall rate is closer to 8 - 9 %, so its a tradeoff of opportunity cost versus convenience.