The Mumbai Interbank Bid Rate (MIBID) was the companion rate to the original MIBOR in that it was the rate at which banks wanted to pay for a loan. It was lower than the MIBOR rate, which created a bid/ask spread between the two rates. MIBID was also discontinued in 2015. Instead ...
. Interbank Offered Rate (IBOR) and Benchmark Reform Frequently Asked Questions April 2023 These Frequently Asked Questions (FAQ) are provided for information purposes only and may not represent the views or opinions of Citigroup Inc. or its affiliates (collectively, "Citi"), employees or off...
This result is due to the fact that the DebtRank dynamics becomes unstable for large values of βλ max 42, and it is derived under some assumptions: that banks do not react to changing market conditions, that the recovery rate is zero, and that no policy intervention is in place. These...