Sentences with phrase «libor rates»
He's taken # 5m from Michael Spencer, whose party was found to be rigging libor rates.»
http://www.politics.co.uk/ Not exact matches
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.
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.