About this document
Libor Rate Manipulation Analysis by inby is a document available to read on EtoBox.
This document analyzes whether banks may have manipulated the Libor rate between 2007 and 2008. It compares individual bank Libor quotes to credit default swap spreads and other measures. The analysis finds some anomalous individual quotes but the evidence is inconsistent with material manipulation of the 1-month US dollar Libor rate. While banks may have incentives to inflate or deflate Libor quotes for financial gain or reputational reasons, it does not necessarily follow that the published Libor rate was
- Author
- inby
- Language
- EN