Word: libor
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
ANTONIN DVORAK: AMERICAN SUITE, SYMPHONY NO. 9 (Virgin Classics). Libor Pesek conducts the Royal Liverpool Philharmonic Orchestra in exuberant renditions of these powerful works, whose brooding, Slavic soul belies their New World theme...
ANTONIN DVORAK: AMERICAN SUITE, SYMPHONY NO. 9 (Virgin Classics). Libor Pesek conducts the Royal Liverpool Philharmonic Orchestra in exuberant renditions of these powerful works, whose brooding Slavic soul belies their New World theme...
...ever less expensive greenbacks. Quite the contrary. Moreover, since the biggest borrowers-Argentina, Brazil, Mexico and South Korea-carried floating interest-rate tags (which change with prevailing rates) on most of their loans, servicing costs climbed out of sight. Between 1976 and early 1982, the London Interbank Offered Rate (LIBOR), against which most international borrowing is set, zoomed from 6% to 15%. Each 1-point rise added an estimated $2 billion to the developing countries' annual debt bill...