Libor, in Pictures

With the London Interbank Offered Rate (Libor) at record levels, thus hurting short-term borrowing, as well as blowing up many mortgages linked to the floating rate, it’s useful to remind yourself how exactly Libor works.


[via Bloomberg]

Related posts:

  1. linkfest 04/18/08: Libor, Patents, Cleantech
  2. Roubini: Cut Rates Everywhere, Now
  3. Amazon Sets Records
  4. The California Real Estate Bubble: All ARMs
  5. Links^2: Bonds, Banks, Bush, Wall Street Warriors, etc.