Euribor
The Euro Interbank Offered Rate (Euribor) is a daily reference rate, published by the European Money Market Institute, based on the averaged interest rates at which Eurozone banks offer to lend unsecured funds to other banks in the euro wholesale money market (or interbank market). Prior to 2015, the rate was published by the European Banking Federation.
Scope
Euribors are used as a reference rate for euro-denominated forward rate agreements, short-term interest rate futures contracts and interest rate swaps, in very much the same way as LIBORs are commonly used for Sterling and US dollar-denominated instruments. They thus provide the basis for some of the world's most liquid and active interest rate markets.
Domestic reference rates, like Paris' PIBOR, Frankfurt's FIBOR, and Helsinki's Helibor merged into Euribor on EMU day on 1 January 1999.
Euribor should be distinguished from the less commonly used "Euro LIBOR" rates set in London by 16 major banks.
Technical features
Podcasts:
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by Raw Power
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by Congreso
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by Balkan Beat Box
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by Kim Gun Mo
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by Slaughter & The Dogs
Why
by: Raw Powerwhy you failed, you failed to help me
now it's too late
I'm dying, I'm dying, I'm dying, and
you know that I'm blaming you
you will never admit it to anyone
you won't even admit it to youself
all the words you spent on me
all the promises you weren't gonna keep
WHY, WHY, WHY, WHY
all those times I felt rotting away
all those times I felt like being in hell
many times I implored yuo for help
many times you said you'd come to me
WHY, WHY, WHY, WHY
why you failed, you failed to help me
now it's too late
I'm dying, I'm dying, I'm dying, and
you know that I'm blaming you
I hope you're feeling bad
look what's left to me
I hope you're feeling bad
now that I won't come back
WHY, WHY, WHY, WHY
why you failed, you failed to help me
now it's too late
I'm dying, I'm dying, I'm dying, and
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