In the Euromarkets,the Reference Rate Is Usually the Rate at Which

question 57

Multiple Choice

In the euromarkets,the reference rate is usually the rate at which banks in the market offer funds to each other.All of the following are reference rates used in the euromarkets except:

• A) SIBOR-Singapore Inter-Bank Offered Rate
• B) LIMEAN-London Inter-Bank Mean
• C) LIBOR-London Inter-Bank Offered Rate
• D) LEAR-London Euromarket Average Rate

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