Libor scandal and its implication

samir lodha , Last updated: 03 September 2012  
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How is the Libor setting done - BBA Libor is in use since 1986. Currently its calculated by Thomson Reuters on behalf of British Bankers Association (BBA). Libor is calculated for 10 different currencies and for 15 different maturities starting from overnight to 1 year. To set USD Libor, 18

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