Snapshot for BBA LIBOR GBP 3 Month (BP0003M)

Rate Profile Information for BP0003M

London-Interbank Offered Rate - British Bankers Association Fixing for Sterling. The fixing is conducted each day at 11 a.m. (London time). The rate is an average derived from the quotations provided by the banks determined by the British Bankers' Association. The top and bottom quartile is eliminated and an average of the remaining quotations calculated to arrive at fixing. The fixing is rounded up to 5 decimal places where the sixth digit is five or more. BBA Sterling Libor is calculated on an ACT/365 basis and the value date is the date on which the rate is actually fixed. Prior to 01/95 the BBA did not fix Libor and the history shown is a Libor consensus at 11 a.m. London time.