Euribor/ Libor
Hi all,
Which Euribor/ Libor to use in modeling tests; 1 month, 3 months, 6, or 12 months? current Euribor rate is -0.464
Hi all,
Which Euribor/ Libor to use in modeling tests; 1 month, 3 months, 6, or 12 months? current Euribor rate is -0.464
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it's on bloomberg + there is a floor on most loans at 0% so the 0% would be used. Should be given by the firm and its something that doens't really matter in the modeling test it can always be changed.
Where is the company located / where would it issue debt? if the US, 3 month is standard.
Agree most floating benchmark debt have a 0% or 1% floor depending when it was issued.
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