We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Libor needs no more than a tweak

30 May 2008 By John Zhu

The benchmark interest rate has drawn flak for being unrealistically low. But the technique for calculating what banks charge each other for shortterm money is reasonably fair. It could be improved a little, but a competitor won t easily usurp Libor s leading role.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)