Spread the love
London Interbank Borrowing Rate or LIBOR is one of the most fundamental tools that used in today’s financial industry. It makes up the basic building block when it comes to deciding the prices and structures of more complex and complicated financial products used nowadays.
Here’s an Infographic which will help anyone understand the What, Why and How of the LIBOR scandal.
Infographic by AccountingDegree.net
Facebook Comments
