London interbank market

E364313

The London interbank market is a global financial marketplace where major banks lend and borrow short-term funds from one another, serving as a key benchmark source for international interest rates.

All labels observed (1)

Label Occurrences
London interbank market canonical 1

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf financial market
interbank market
money market segment
counterpartyType credit institutions
systemically important banks
country United Kingdom
currency Pound sterling
US dollar
euro
hasParticipant international banks
investment banks
major commercial banks
historicalImportance key source of international interest rate benchmarks
influencedBy global funding conditions
interbank credit spreads
monetary policy of the Bank of England
involvesInstrument certificates of deposit
commercial paper
repurchase agreements
secured interbank loans
unsecured interbank loans
isPartOf global money market
international financial system
locatedIn London, England
surface form: London
primaryFunction short-term borrowing between banks
short-term lending between banks
provides benchmark interest rates
regulatorJurisdiction Bank of England
Financial Conduct Authority
surface form: UK Financial Conduct Authority

Prudential Regulation Authority
surface form: UK Prudential Regulation Authority
relatedConcept LIBOR
LIBOR
surface form: London Interbank Offered Rate

risk-free reference rates
riskType credit risk
interest rate risk
liquidity risk
roleInFinance funding of bank balance sheets
liquidity redistribution among banks
transmission of monetary policy
tradingHours business days
tradingMode over-the-counter
typicalMaturity one month
one week
overnight
three months
usedFor funding foreign exchange positions
interest rate hedging
short-term liquidity management

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

3-month U.S. dollar LIBOR basedOn London interbank market