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interbank

    0.01 sec.
in·ter·bank  (ntr-bngk)
adj.
Relating to, involving, or connecting two or more banks: interbank borrowing; an interbank network of automated teller machines.

interbank [ɪntəˈbæŋk]
adj
(Economics, Accounting & Finance / Banking & Finance) conducted between or involving two or more banks
Translations
interbank
adj (Fin) interbank depositsBank-bei-Bank-Einlagen pl; interbank loanBank-an-Bank-Kredit m


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The two types of traders work together to make money on the spread--the difference between the prices quoted to corporate customers and prices obtained in the interbank market.
Rottenberg says the one-year loan, placed on behalf of a Virginia-based developer, was priced 225 basis points over the one-month London Interbank Offered Rate.
But both the Farm Credit System (FCS) and nontraditional lenders like John Deere Credit also peg variable interest rates on their largest loans to the London Interbank Offer Rate index, known as LIBOR.
 
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