interbank
3
5.5
- noun
- /ˈɪntərˌbæŋk/
- Specialized
:
mercado interbancario
- The idea was that the term-structure effects of a higher target interbank rate would then cause all other interest rates to rise, thereby realizing policymakers' goal of financial restraint or reduced stimulus.
- interbank lending
- interbank rate
- interbank market
Examples
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Now, with interbank markets drying up, they were desperate for dollars.
Academic text (2018) -
Frequently repeated statistics showing the large value of interbank transactions by themselves prove very little.
Academic text (1997) -
The market for interbank lending also seized up as banks did not trust each other.
Academic text (2008) -
Libor is the London interbank offered rate.
-
With a variable spread, the broker simply marks up the price over the interbank prices that they receive.
Blog text (2) -
The loan yields 7 percent or 5.5 percentage points more than the London interbank offered rate, whichever is higher.
Blog text (16) -
On 9 August 2007, it injected 128 billion euros into the European interbank market.
Academic text (2008) -
The rate would rise if the benchmark three-month London interbank offered rate, or Libor, exceeded 7 percent.
Blog text (3) -
Open market operations could then, once again, target the overnight interbank rate or the quantity of bank reserve growth for the purpose of influencing aggregate economic activity.
Academic text (2017) -
The interbank lending market allows banks to borrow money from each other to meet short-term needs.
Compounds
Surface Forms
Morphology
Etymology
Interbank is made of the parts inter- meaning 'between' and bank meaning 'a place that holds money'. As a noun, the interbank is the market or system 'between banks' where they lend, borrow, or move money to meet short-term needs.