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About Lecture - Eurodollar Market
The document discusses the Eurodollar market, which is a large market for US dollar denominated borrowing and lending outside of the United States, primarily based in London. Eurodollars can be invested at LIBOR rates. The market was created as US dollars were deposited overseas rather than being exchanged, and those dollars could then be loaned out. LIBOR is the benchmark interest rate for the Eurodollar market. Borrowers and lenders are attracted to the Eurodollar market due its size, competitiveness, and lack of certain banking regulations compared to the US market.
Detailed Information
| Author: | ['Niyati Shah'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 37 |
| Language: | English |
| Format: | |
| Price: | FREE |
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