Then whoever taught that class didn't teach properly. LIBOR is (s/is/was/g) the ... | Hacker News

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clappski on April 10, 2017 | parent | context | favorite | on: Libor: Bank of England implicated in secret record...

Then whoever taught that class didn't teach properly.

LIBOR is (s/is/was/g) the risk free rate of lending. After recent financial crisis, OIS treated as a more reliable index rate to use.

artmageddon on April 10, 2017 [–]

The spread between the two that is worth paying attention to, as well. Pre-crisis, the two were pretty much in lock-step with one another and no one cared about it. As the crisis emerged, and beyond, the two diverged significantly.

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