MIBOR (Moscow Inter-Bank Offer Rate)
Encyclopedia
Moscow Inter-Bank Offer rate is an indicative rate of Rouble money market
calculated by Central Bank of Russia
on a daily basis. MIBID and MIACR (Moscow Interbank
Bid / Actual Credit Rate, respectively) are also calculated alongside MIBOR. Official statistics on rates bid, offered and traded are collected from about 30 participating (appointed by CB) banks
.
Money market
The money market is a component of the financial markets for assets involved in short-term borrowing and lending with original maturities of one year or shorter time frames. Trading in the money markets involves Treasury bills, commercial paper, bankers' acceptances, certificates of deposit,...
calculated by Central Bank of Russia
Central Bank of the Russian Federation
The Bank of Russia or the Central Bank of The Russian Federation is the central bank of The Russian Federation. Its functions are described in the Russian constitution and in the special Federal law...
on a daily basis. MIBID and MIACR (Moscow Interbank
Moscow Interbank Currency Exchange
The Moscow Interbank Currency Exchange or MICEX is one of the largest universal stock exchanges in the Russian Federation and East Europe. MICEX opened in 1992 and is the leading Russian stock exchange...
Bid / Actual Credit Rate, respectively) are also calculated alongside MIBOR. Official statistics on rates bid, offered and traded are collected from about 30 participating (appointed by CB) banks
Banks
Banks or The Banks may refer to:* Bank, a financial institution- Placenames :Australia* Banks, Australian Capital Territory, a suburb of Canberra...
.