The London Inter-bank Offered Rate (LIBOR) is the average rate at which banks will lend money to each other within the London inter-bank money market on a daily basis, in a variety of different currencies.
LIBOR is set just after 11am (UK time) every day based on the average interest rates for loans of various lengths. In this case, the three-month rate is the average interest rate offered by LIBOR panel members to each other for three month loans.
The three-month sterling LIBOR rate is seen as a benchmark for the UK wholesale money market, and some UK mortgages track this rate.
You can embed our data in your own website, or use one of our gadgets on your homepage.
You can download a CSV file containing all the rate changes since 1978. The file is automatically updated with each rate change within 2 working days.
| Rate Name | Value | |
|---|---|---|
| Bank Rate | 0.5 | |
| ECB Refinancing Rate | 1.0000 | |
| Fed Funds Overnight Rate | 0.10 | |
| LIBOR (3 month sterling) | 1.11 | |
| LIBOR (1 month sterling) | 0.63 | |
| London PM Gold Fix (Sterling) | 1107.107 | |
| London PM Gold Fix (USD) | 1751 | |