2006-09-27 19:23:40 · 6 answers · asked by vijay 1 in Business & Finance ➔ Credit
Follow this link for method of calculation.
http://www.isda.org/publications/pdf/Supplement-No-9-restatement.pdf#search=%22MIBOR%20%26%20LIBOR%20calculations%22
2006-09-27 19:51:01 · answer #1 · answered by cooldad 2 · 0⤊ 0⤋
Hi, LIBOR is calculated by the BBA : British banking Association. Basically at 10 am London time they ask 7 major retail banks like DB,JPM etc to submit quotes for the rate at which they would be wiling to lend money overnight. they ignore the 2 extreme quotes (highest and lowest) and LIBOR for the day is the average of the remaining. They give quotes upto 12m so you would have 3m LIBOR, 6M LIBOR etc. this is the rate at which they would lend money. the rate at which they are wiling to borrow gives you LIBID. MIBOR exact calculation i dont know but it is INR equivalent of LIBOR which is fixed in Mumbai
2006-09-27 22:11:49 · answer #2 · answered by HR 2 · 0⤊ 0⤋
If you are referring to Indian Markets please check this section on www.nseindia.com > Debt>Products & SErvices. In this you have a link to Methodology.
MIBOR - mean Mumbai Inter-Bank Borrowing rates
LIBOR rats - London Inter-Bank Borrowing rates.
The methodology used for MIBOR is taken as per the standard procedures as offered by LIBOR.
2006-09-27 19:51:26 · answer #3 · answered by indiangal 3 · 0⤊ 0⤋
Mibor Rate
2016-12-15 05:57:37 · answer #4 · answered by roza 4 · 0⤊ 0⤋
very difficult question. Ask VC of good university.
2006-09-27 19:39:40 · answer #5 · answered by geekay 3 · 0⤊ 0⤋
real hard to expain, go to www.freddiemac.com - lots of information
2006-09-27 19:28:41 · answer #6 · answered by MaRitA 2 · 0⤊ 0⤋