The HSH LIBOR rates are determined from information that is available as of 11:00 a.m. (London Time) on the last business day of each month. HSH makes these rates available by the last business day of each month.
LIBOR is an abbreviation for "London Interbank Offered Rate," and is the interest rate offered by a specific group of London banks for U.S. dollar deposits of a stated maturity. LIBOR is used as a base index for setting rates of some adjustable rate financial instruments, including Adjustable Rate Mortgages (ARMs).
For more information on the daily LIBOR, click here.
Click here for more ARM index data.
HSH Associates makes every reasonable effort to supply complete, accurate information, but assumes no liability for errors.