TIBOR- Tokyo Interbank Offered Rate

Q.  What is the full form of TIBOR?
- Published on 20 Jul 15

a. Tokyo Interbank Offered Rate
b. Tokyo-India Bureau Of Regulations
c. The Interbank Offered Rate
d. None of the above

ANSWER: Tokyo Interbank Offered Rate
 
It is a daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks.

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