tag:blogger.com,1999:blog-5467119.post1732849432527269995..comments2023-10-24T10:09:22.146+01:00Comments on The Yorkshire Ranter: Finance, mainstay of our economyAlexhttp://www.blogger.com/profile/17153530634675543954noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5467119.post-86803792890929863822007-12-06T19:05:00.000+01:002007-12-06T19:05:00.000+01:00Its not good news in the wider economy (credit is ...Its not good news in the wider economy (credit is going to shrink), but interbank lending is precisely that - banks lending other institutions short term loans to cover day to day liquidity problems. AFAIK, there's nothing as formal as a market.cianhttps://www.blogger.com/profile/12792805870968697706noreply@blogger.comtag:blogger.com,1999:blog-5467119.post-63318752417160966312007-12-06T10:45:00.000+01:002007-12-06T10:45:00.000+01:00Basis points. LIBOR lending is like the coking co...Basis points. LIBOR lending is like the coking coal of the financial services industry - one needs a hell of a lot of it and it's decidedly inconvenient to run out (which is why this is quite serious stuff) but nobody is making vast amounts of money out of LIBOR alone.Anonymousnoreply@blogger.com