HIBOR

Definition:

Hong Kong Interbank Offered Rate, the annualized offer rate banks pay to attain Hong Kong three-month deposits denominated in dollars.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Naked option strategies

An unhedged strategy making exclusive use of one of the following: Short call strategy (selling or writing call options), and short put strategy (selling or writing put options). By themselves, these... Read More

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