摘要
Libor一直是全球最为重要的利率基准之一。针对年初以来市场对于Libor可能偏离实际交易利率的担忧,英国银行家协会(BBA)迅速展开了调查和讨论,并公布了调查结果。从目前看,Libor在精确、透明和客观性上依然具有主导性和市场地位,市场尽管也提出了一些替代方案,但从实际看,继续完善Libor形成机制并加强监管也许是市场更好的选择。
Libor has long been a most important benchmark of interest rates around the globe. However, since early 2008, its performance has sparked market concern on whether Libor reflects real interest rates in trading. To this end, the British Bankers＇ Association conducted a survey, according to which, Libor remains a leading benchmark in terms of precision, transparency and objectiveness. Even though market players have put forward alternative options for Libor, a better choice for the market may be to make improvements on the Libor setting mechanism and stronger supervision.
出处
《中国货币市场》
2008年第5期33-35,共3页
China Money
