Talk:Libor

message: See BBA website:
1. http://www.bba.org.uk/bba/jsp/polopoly.jsp?d=225&a=1416
2. http://www.bba.org.uk/bba/jsp/polopoly.jsp?d=225&a=1413
59.180.108.22 06:51, 4 June 2007 (UTC)
replies: text: Not sure how much help this is to improving the article, but I gather that libor is assessed at various values over various time periods, so yes it's an interesting idea to ask each bank what rates they might lend to every other bank for each of those, when calculating the libor, any discrepancy between the values that gave and the values the rate at which each bank claims it can borrow money at (libor value) would (I think) show up any fraudulent/illadvised estimates. I'm not an expert, just taken an interest in this since Barclays recent admission. EdwardLane (talk) 17:18, 1 July 2012 (UTC)
thread_title: Opening heading

message: Because I'm not really a financial person, I couldn't figure out where in the article to put the fact that LIBOR rates are not compounded. This seems to be an important fact, because most interest rates (i think) are compounded. Perhaps the article should quote the following from the BBA LIBOR faq: "BBA LIBOR is not a compounded rate but is calculated on the basis of actual days in funding period/360. Therefore the formula is as follows: interest due = principal x (libor rate/100) x (actual no of days in interest period/360). Please note that for GBP) the calculation basis is 365 days." --Storkk 10:36, 31 July 2007 (UTC)
thread_title: Non compounded

message: It may be helpful to add that LIBOR is the prevailing rate for an unsecured loan, and so it runs higher than the repo rate, which is the rate for a secured loan using the highest quality collateral. Finnancier (talk) 12:07, 15 December 2007 (UTC)
thread_title: Unsecured loan vs repo

message: Why is Libor allowed as a bench mark in US when the US Fed and Treasury have no control over it?  —Preceding unsigned comment added by 67.160.175.149 (talk) 08:57, 27 December 2007 (UTC)
replies: text: Freedom to contract? Superm401 - Talk 15:59, 31 December 2007 (UTC)
thread_title:  LIBOR... a British rate 

message: For the Euro, however, the usual reference rates are not the Euribor rates compiled by the European Banking Federation, from a larger bank panel. A Euro LIBOR does exist, but mainly for continuity purposes in swap contracts dating back to pre-EMU times.
I don't actually know anything about the subject, but from the context, it seems to me that the "not" in the first sentence should possibly be "now"? Hopefully, someone with actual knowledge can either correct it or correct me. --76.240.228.76 (talk) 18:11, 27 December 2007 (UTC)
thread_title:  Euribor - is the statement correct 

message: * A chart of five credit-availability and risk indicators, including the LIBOR, is available at https://nytimes.com/interactive/2008/10/08/business/economy/20081008-credit-chart-graphic.html (deprecated Flash)  —Preceding unsigned comment added by 64.105.0.31 (talk) 13:24, 17 October 2008 (UTC)
thread_title:  Chart of 5 indicators, including LIBOR -- good external link 

message: I have deleted this paragraph.  It is pure speculation, quotes no sources, and is demonstrably inaccurate.  The accuracy of LIBOR during the credit crunch has been investigated by independent bodies such as the IMF and BIS (direct references to their studies are included in the article).
If anyone wishes to debate the issues raised in the paragraph - specifically i) could a bank submit fraudulent LIBOR rates into the fixing process, and what would happen if it did and ii) why a bank might wish to deliberately submit artificially high or low rates, I am happy to do so.  —Preceding unsigned comment added by Joe kinincha (talk • contribs) 15:30, 21 January 2010 (UTC)
thread_title:   deleted speculative final paragraph in the article 

message: In the section on Interest Rate Swaps:
"The day count convention for LIBOR rates in interest rate swaps is Actual/360, except for the GBP currency for which it is Actual/365 (fixed)[1]."
Why is there the word "(fixed)" attached to the end?  If this is supposed to refer to the fixed leg of an interest rate swap, then it is misleading: readers may then assume the fixed legs of swaps in other currencies are also the same as that of libor in that currency, which is incorrect.  If it is not referring to that, then I scratch my head, and suggest it be deleted anyway.
210.254.108.146 (talk) 08:59, 21 April 2011 (UTC)
thread_title:  Day count....fixed? 

message: I read in the article that 
"The LIBOR is widely used as a reference rate for financial instruments such as [...] inflation swaps" 
?? Inflation swaps quoted on the market are indexed to inflation (HICP, etc.) not to interest rates like Libor...I think that inflation swaps should be deleted, but first let me know if there are inflation swaps like this...
MicioGeremia (talk) 20:38, 20 August 2011 (UTC)
thread_title:  Libor for inflation swaps ?? 

message: In Section 2 (Scope) we have: "LIBOR is an estimate and not interred in the legally binding contracts of an LLC." Interred means buried in the ground. This seems like a wrong usage, but I'm not qualified to say what the correct word is - defined or specified, maybe? --Heron (talk) 12:22, 21 September 2011 (UTC)
replies: text: I see what you mean but I don't know either - perhaps (as an alternate possibly meaning) it was a typo from 'inferred' T and F are adjacent on the keyboard? EdwardLane (talk) 17:08, 1 July 2012 (UTC)
thread_title:  Interred? 

message: Is there a difference between "LIBO Rate" and "LIBOR"? http://en.wikipedia.org/wiki/LIBO_rate_(reserve_adjusted) vs http://en.wikipedia.org/wiki/Libor  — Preceding unsigned comment added by 38.99.129.1 (talk) 02:46, 9 December 2011 (UTC)
thread_title:  LIBO Rate vs. LIBOR 

message: The LIBOR fixing is published on every business day. Until the rate is published the market can use the previous day's published rate to price deals. If one of the parties to the trade had advance knowledge of the fixing this would only give rise to a profit if it was greatly different from the previous days fixing. There is no evidence that a trader has ever made tens of millions of dollars illegally on a single transaction.  — Preceding unsigned comment added by 109.151.69.97 (talk) 09:03, 1 July 2012 (UTC)
replies: text: This article  quotes someone saying those involved could net “about a couple of million dollars” for each basis point (0.01%) that LIBOR was moved.--Thomas Darcy McGee (talk) 19:47, 3 July 2012 (UTC)
thread_title:  A trader with inside information could make tens of millions of dollars illegally on a single transaction 

message: Paragraph two says, "Libor rates are calculated... and published daily at 11am by the British Bankers' Association."
The section headed "Technical features" begins, "Libor is calculated and published by Thomson Reuters... generally around 11:45 AM."
These contradictory statements need some clarification.  Adrian Robson (talk) 09:53, 2 July 2012 (UTC)
replies: text: Good catch.  The second statement is correct (as can be seen by looking at the details here.  Interestingly enough, the first statement's source says nothing about the time, so I'm removing it.  --C S (talk) 00:58, 7 July 2012 (UTC)
thread_title:  Contradictory sentences 

message: http://money.cnn.com/2012/07/12/investing/Libor-analysts/index.htm?hpt=hp_t2
Do we have these covered as references back then in 2008 ?  Should they not comprise a section in their own right ?
Will we EVER have a section on the software used by Barlclays ? (some of us here on en.WP worked on packages they used.)  Ahem.
G. Robert Shiplett 11:56, 12 July 2012 (UTC)
thread_title:  reports from 2008 cited in 2012 

message: I hate to mention it, but...
LIBOR is an acronym, and should be capitalized. It's capitalized by the BBA (its coordinator/reporter/publisher), except when they refer to their "bbalibor" stylized trademark, which includes services related to LIBOR and many other rates – i.e. it's not synonymous with LIBOR. Unfortunately, some otherwise fairly reliable sources (WSJ, etc.) choose to either use "Libor", or both, inconsistently.
Both Libor and Libor scandal use LIBOR and Libor inconsistently. Shouldn't we pick one or the other and stick with it (with the exception of quotes/cites, of course). —[AlanM1(talk)]— 00:23, 21 December 2012 (UTC)
replies: text: See the "Requested move" section earlier for the discussion on capitalization. 72Dino (talk) 00:25, 21 December 2012 (UTC)
thread_title:  Capitalization 

message: I would just like to mention that reference [21] doesnt work at the moment.  — Preceding unsigned comment added by 197.78.46.222 (talk) 19:25, 13 April 2013 (UTC)
thread_title:  Reference Issues 

message: WRT the 'fixed rates in USD section' there is no such thing anymore as USD HIBOR.
See https://www.tma.org.hk/en_market_more6.aspx
Haven't checked the others but I'm going to go out on a limb and say that they don't exist anymore either.
203.168.227.129 (talk) 17:02, 24 February 2015 (UTC)
thread_title:  USD xIBOR  

message: Hello fellow Wikipedians,
I have just modified  on Libor. Please take a moment to review my edit. If you have any questions, or need the bot to ignore the links, or the page altogether, please visit this simple FaQ for additional information. I made the following changes:
*Added archive http://web.archive.org/web/20130718141355/http://www.nyse.com:80/press/1373365567815.html to http://www.nyse.com/press/1373365567815.html
When you have finished reviewing my changes, please set the checked parameter below to true or failed to let others know (documentation at ).
Cheers.—InternetArchiveBot (Report bug) 16:30, 21 July 2016 (UTC)
thread_title:  External links modified 

message: Hello fellow Wikipedians,
I have just modified 7 external links on Libor. Please take a moment to review my edit. If you have any questions, or need the bot to ignore the links, or the page altogether, please visit this simple FaQ for additional information. I made the following changes:
*Added archive https://web.archive.org/web/20131017223600/https://www.gov.uk/government/policies/creating-stronger-and-safer-banks/supporting-pages/reforming-the-way-interest-rates-are-set-for-loans-between-banks-known-as-libor to https://www.gov.uk/government/policies/creating-stronger-and-safer-banks/supporting-pages/reforming-the-way-interest-rates-are-set-for-loans-between-banks-known-as-libor
*Added archive https://web.archive.org/web/20121008035137/http://www.clevelandfed.org/research/trends/2012/0712/01banfin.cfm to http://www.clevelandfed.org/research/trends/2012/0712/01banfin.cfm
*Added archive https://web.archive.org/web/20130104143917/http://www.bundestag.de/presse/hib/2012_11/2012_555/01.html to http://www.bundestag.de/presse/hib/2012_11/2012_555/01.html
*Added archive https://web.archive.org/web/20121115083157/http://www.blakes.com/english/view.asp?ID=5541 to http://www.blakes.com/english/view.asp?ID=5541
*Added archive https://web.archive.org/web/20120704215734/http://profit.ndtv.com/News/Article/barclays-chairman-to-resign-over-interest-rate-rigging-scandal-307175 to http://profit.ndtv.com/News/Article/barclays-chairman-to-resign-over-interest-rate-rigging-scandal-307175
*Added archive https://web.archive.org/web/20130210195646/http://www.thehindubusinessline.com/industry-and-economy/banking/article3598091.ece?homepage=true to http://www.thehindubusinessline.com/industry-and-economy/banking/article3598091.ece?homepage=true
*Added archive https://web.archive.org/web/20120711131836/http://www.capitalismwithoutfailure.com/2012/07/matt-taibbi-eliott-spitzer-and-dennis.html to http://www.capitalismwithoutfailure.com/2012/07/matt-taibbi-eliott-spitzer-and-dennis.html
When you have finished reviewing my changes, you may follow the instructions on the template below to fix any issues with the URLs.
Cheers.—InternetArchiveBot (Report bug) 08:34, 15 May 2017 (UTC)
thread_title:  External links modified 

message: Hello fellow Wikipedians,
I have just modified one external link on Libor. Please take a moment to review my edit. If you have any questions, or need the bot to ignore the links, or the page altogether, please visit this simple FaQ for additional information. I made the following changes:
*Added  tag to http://www.foxbusiness.com/news/2012/10/17/uk-treasury-minister-government-accepts-recommendations-wheatley-libor-review/
*Added archive https://web.archive.org/web/20130713075451/http://www.bba.org.uk/media/article/bba-to-hand-over-administration-of-libor-to-nyse-euronext-rate-administrati to http://www.bba.org.uk/media/article/bba-to-hand-over-administration-of-libor-to-nyse-euronext-rate-administrati
When you have finished reviewing my changes, you may follow the instructions on the template below to fix any issues with the URLs.
Cheers.—InternetArchiveBot (Report bug) 06:15, 9 December 2017 (UTC)
thread_title:  External links modified 

message: I have added a sentence to the introduction of this article to correct the misleading impression that LIBOR first started in 1984. Any commercial bank lending officer working then with large multinational borrowers in New York, London or other major financial centers (such as I did) can remember well that LIBOR was a very often used interest rate base already in the 1970s and early 1980s. I find it frankly rather astonishing that not just Wikipedia, but basically the internet as a whole (or at least that part of it readily viewed by way of search engines), seems basically unaware of this extensive history. 
Drewkeeling (talk) 16:03, 11 February 2019 (UTC)
thread_title:  LIBOR began long before 1984 

message: This page contains registered trademarks of Intercontinental Exchange Holdings, Inc. ("ICE") or its affiliates that are being used without an indication that they are trademarks. On behalf of ICE, we suggest the following be added as the last sentence of the lead section: 
“The terms LIBOR®, ICE LIBOR®, Intercontinental Exchange®, and Intercontinental Exchange Benchmark Administration® are registered trademarks of Intercontinental Exchange Holdings, Inc. or its affiliates.”  — Preceding unsigned comment added by 65.175.3.8 (talk) 21:05, 11 November 2019 (UTC)
replies: text: , I've noticed that you chase down this sort of thing. Could you advise, please?  --John Maynard Friedman (talk) 21:18, 11 November 2019 (UTC)
replies: text: I have never seen this information included. Our Manual of Style recommends against including the ™ and ® symbols.— Diannaa 🍁 (talk) 22:08, 11 November 2019 (UTC)
thread_title:  Use of ICE Registered Trademarks 

message: LIBOR is a borrowing rate, not a lending rate.
LIBOR is officially retired today.  the language should be changed to the past tense.  — Preceding unsigned comment added by HiMyNameIsUserName (talk • contribs) 17:25, 30 June 2023 (UTC)
thread_title: Update needed