Which one of the following is the rate that most international banks charge when they loan Eurodollars to other banks? A. ADR B. LIBOR C. Cross-rate D. Gilt rate E. Swap rate
Which one of the following is the rate that most international banks charge when they loan Eurodollars to other banks? A. ADR B. LIBOR C. Cross-rate D. Gilt rate E. Swap rate
Chapter2: The Domestic And International Financial Marketplace
Section: Chapter Questions
Problem 10QTD
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Question
Which one of the following is the rate that most international banks charge when they loan Eurodollars to other banks?
A. |
ADR |
B. |
LIBOR |
C. |
Cross-rate |
D. |
Gilt rate |
E. |
Swap rate |
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