In international banking system, what does the TIBOR stands for ___?
[A]Tokyo Interbank Offered Rate
[B]Taiwan Interbank Offered Rate
[C]Thailand Interbank Offered Rate
[D]Tongling Interbank Offered Rate
Ans-TIBOR stands for the Tokyo Interbank Offered Rate and is a daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks in Japan wholesale money market. TIBOR is published by the Japanese Bankers Associations.
[A]Tokyo Interbank Offered Rate
[B]Taiwan Interbank Offered Rate
[C]Thailand Interbank Offered Rate
[D]Tongling Interbank Offered Rate
Ans-TIBOR stands for the Tokyo Interbank Offered Rate and is a daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks in Japan wholesale money market. TIBOR is published by the Japanese Bankers Associations.
No comments:
Post a Comment