PRMIA Exam 8006 Topic 6 Question 25 Discussion

Actual exam question for PRMIA's Exam I: Finance Theory, Financial Instruments, Financial Markets ? 2015 Edition exam

Question #: 25
Topic #: 6

[All Exam I: Finance Theory, Financial Instruments, Financial Markets ? 2015 Edition Questions]

LIBOR is determined by the:

ALIFFE

BEUREX

CFSA

DBBA

Show Suggested Answer

Suggested Answer: D

The London Interbank Offered Rate (LIBOR) is published by the British Bankers' Association (BBA). The BBA polls the rates offered by at least eight banks drops the top and bottom quartile, and averages the middle two quartiles of the rates to arrive at the LIBOR.

by Shawna at May 06, 2022, 05:10 PM

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