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Tag Archives: WhatIs

What Is: LIBOR?

LIBOR is the world's de facto benchmark for interbank interest rates, but does the recent rate fixing scandal cast too many shadows of doubt? Read More »

What Is: Liquidity Risk?

How to solve the hedge problem of selling something that no one in the market wants to buy. Read More »

What Is: The Interbank Lending Market?

Interbank lending is a key aspect of a modern financial system, but is the practice of banks borrowing every day with no collateral good for the economy? Read More »