Paris Inter-bank Offered Rate.

The deposit rate on interbank transactions in the Eurocurrency market quoted in Paris.

This is the interbank rate practiced in Paris on short-term loans (one to twelve months), through which first-class banks lend and borrow funds. Français: Taux interbancaire offert à Paris Español: PIBOR, tipo de interés interbancario en el mercado de capitales de París

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