euro libor การใช้

• Euribor should be distinguished from the less commonly used " Euro LIBOR " rates set in London by 16 major banks.
• A euro Libor does exist, but mainly, for continuity purposes in swap contracts dating back to pre-EMU times.
• In a further acknowledgment that the insurgents are gaining ground, the London exchange also announced Monday that starting this month it would use two competing euro interest rates as a reference for euro futures contracts _ the Euribor, which is calculated by 57 mostly European banks, and the euro Libor, which is based on daily quotes from 16 international banks.