Hong Kong Interbank Offer Rate

Hong Kong Interbank Offer Rate definition - finance
The rate of interest offered on Hong Kong dollar loans by banks in the interbank market for a specified period ranging from overnight to one year. HIBOR is a benchmark for interest rates and debt issues in the Far East.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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