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A comment on Libor, long the most important number in finance, dies at 52. Parent comment

Re:Libor, long the most important number in finance, dies at 52 by tula on Thursday January 20, 2022 @05:19PM (#30016006)
No, LIBOR is your borrowing cost, the rate at which you'd be able to borrow (ie the rate that others would offer to you to lend you money).

LIBID is the rate at which you'd be willing to borrow. So the difference between the two is like bid vs ask.

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