Macrobond expands its content offering with BBA Libor rates
Macrobond continues to expand its content offering by adding Libor rates from BBA (British Bankers' Association). Bbalibor stands for London InterBank Offered Rate. It is produced for ten currencies with 15 maturities quoted for each, ranging from overnight to 12 months producing 150 rates each business day. Bbalibor is a benchmark giving an indication of the average rate a leading bank, for a given currency, can obtain unsecured funding for a given period in a given currency. BBA Libor rates will be made available to all subscribers of the Macrobond product.