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The most widely used reference rate, defined as the average interest rate that banks charge each other in the London interbank market. Also called Libor.

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The CFA Institute Investment Foundations Program covers the essentials of finance, ethics, and investment roles, providing a clear understanding of the global investment industry.


1. The most widely used reference rate, defined as the average interest rate that banks charge each other in the London interbank market. Also called Libor.





 
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