London Interbank Offer Rate

简明释义

伦敦银行同业拆放利率

英英释义

例句

1.The bank adjusted its loan rates based on the current London Interbank Offer Rate (伦敦银行间拆借利率).

银行根据当前的伦敦银行间拆借利率调整了贷款利率。

2.The central bank's policy changes can significantly impact the London Interbank Offer Rate (伦敦银行间拆借利率).

中央银行的政策变化可能会显著影响伦敦银行间拆借利率。

3.Investors closely monitor the fluctuations in the London Interbank Offer Rate (伦敦银行间拆借利率) to make informed decisions.

投资者密切关注伦敦银行间拆借利率的波动，以做出明智的决策。

4.The London Interbank Offer Rate (伦敦银行间拆借利率) is often used as a benchmark for various financial products.

伦敦银行间拆借利率通常用作各种金融产品的基准。

5.When the London Interbank Offer Rate (伦敦银行间拆借利率) rises, mortgage rates typically follow suit.

当伦敦银行间拆借利率上升时，抵押贷款利率通常也会随之上涨。

作文

The financial world is filled with intricate terms and concepts that can often be overwhelming for those who are not well-versed in economics. One such term that plays a crucial role in international finance is the London Interbank Offer Rate, commonly abbreviated as LIBOR. Understanding this term is essential for anyone involved in financial markets, as it serves as a benchmark for various interest rates across the globe. In this essay, we will explore what LIBOR is, how it is determined, and its significance in the financial landscape.The London Interbank Offer Rate refers to the average interest rate at which major global banks are willing to lend to one another in the London interbank market. This rate is published daily and is based on submissions from a panel of banks, which provide estimates of the rates at which they would be willing to borrow funds from other banks. The LIBOR is calculated for different currencies and various maturities, ranging from overnight loans to one-year loans. This wide range of options makes LIBOR a versatile tool for financial institutions and investors alike.One of the key reasons why LIBOR is so significant is that it serves as a reference point for a vast array of financial products. Many loans, mortgages, and derivatives are tied to LIBOR, meaning that fluctuations in this rate can directly impact the cost of borrowing for consumers and businesses. For instance, if LIBOR rises, the interest rates on variable-rate loans may also increase, leading to higher monthly payments for borrowers. Conversely, when LIBOR falls, borrowing costs decrease, providing relief to those with outstanding loans.The determination of LIBOR has come under scrutiny in recent years, particularly following the manipulation scandals that emerged in the wake of the 2008 financial crisis. Some banks were found to have submitted false rates to benefit their positions, leading to a loss of trust in the integrity of the LIBOR system. In response to these issues, regulators have made efforts to reform the way LIBOR is calculated and to transition towards more robust alternative benchmarks. These alternatives aim to provide a more transparent and reliable measure of interbank lending rates.Despite the challenges faced by LIBOR, it remains a vital component of the global financial system. Its influence extends beyond traditional banking; it affects corporate financing, investment strategies, and even government policies. As such, understanding LIBOR is crucial for anyone looking to navigate the complexities of modern finance.In conclusion, the London Interbank Offer Rate is a fundamental element of the financial markets that serves as a benchmark for interest rates worldwide. Its significance cannot be overstated, as it impacts everything from personal loans to international trade. By grasping the concept of LIBOR, individuals and businesses can better understand the economic forces at play and make informed financial decisions. As the financial landscape continues to evolve, staying informed about key terms like LIBOR will remain essential for success in the world of finance.

金融世界充满了复杂的术语和概念，对于那些不熟悉经济学的人来说，这些术语常常令人感到不知所措。其中一个在国际金融中发挥着关键作用的术语是伦敦银行间拆借利率，通常缩写为LIBOR。理解这个术语对任何参与金融市场的人来说都是至关重要的，因为它作为全球各种利率的基准。在这篇文章中，我们将探讨LIBOR是什么，它是如何确定的，以及它在金融格局中的重要性。伦敦银行间拆借利率指的是全球主要银行愿意在伦敦银行间市场相互借贷的平均利率。这个利率每天发布，基于一组银行的提交，这些银行提供它们愿意从其他银行借款的利率估计值。LIBOR针对不同货币和各种到期日进行计算，从隔夜贷款到一年期贷款。这种广泛的选择使得LIBOR成为金融机构和投资者的一个多功能工具。LIBOR如此重要的一个关键原因是它作为各种金融产品的参考点。许多贷款、抵押贷款和衍生品都与LIBOR挂钩，这意味着该利率的波动可以直接影响消费者和企业的借款成本。例如，如果LIBOR上升，浮动利率贷款的利率也可能上升，从而导致借款人的月供增加。相反，当LIBOR下降时，借款成本降低，为那些有未偿贷款的人提供了缓解。近年来，LIBOR的确定受到审查，尤其是在2008年金融危机后出现的操纵丑闻之后。一些银行被发现提交虚假的利率以使其处于有利地位，导致人们对LIBOR系统的完整性失去信任。作为对这些问题的回应，监管机构已努力改革LIBOR的计算方式，并过渡到更稳健的替代基准。这些替代方案旨在提供更透明和可靠的银行间借贷利率衡量标准。尽管面临挑战，LIBOR仍然是全球金融体系的重要组成部分。它的影响超越了传统银行业务；它影响公司融资、投资策略，甚至政府政策。因此，理解LIBOR对任何希望驾驭现代金融复杂性的人来说都是至关重要的。总之，伦敦银行间拆借利率是金融市场的一个基本要素，作为全球利率的基准。它的重要性不可低估，因为它影响从个人贷款到国际贸易的方方面面。通过掌握LIBOR的概念，个人和企业可以更好地理解经济力量，并做出明智的财务决策。随着金融格局的不断演变，保持对像LIBOR这样的关键术语的了解，将始终是成功应对金融世界的必要条件。