What is the definition of The European Interbank Offer Rate (EURIBOR)?
- Posted on November 19, 2019
- Financial Terms
- By admin admin
EURIBOR stands for European Interbank Offer Rate and is the official rate of interest at which banks can borrow from each other in the European interbank market.
EURIBOR is frequently used as the benchmark for determining short-term interest rates in Europe.
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