International financial markets - Eurocurrency market

7 important questions on International financial markets - Eurocurrency market

The money market for currency outside of the country of where it is legal tender

Eurocurrency market

Where banks exchange currencies either directly or through electronic trading platforms

London interbank market

Which currencies are used for LIBOR

  • CHF
  • EUR
  • GBP
  • YEN
  • USD
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How many maturities and how many banks are used for LIBOR:

7, 15

Bank that borrows and lend eurocurrencies

Eurobank

Eurodeposits & eurocredits are made up on ...... Rate bases

Floating

Why are eurodeposits and loans attractive?

No banking regulations

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