What Exactly is Eibor and How Can I Check These Rates
Holo Blog
Holo Blog
The Emirates Interbank Offered Rate (EIBOR), also abbreviated as EBOR, is a daily reference rate published by the UAE Central Bank based on the average interest rates at which UAE banks offer to lend unsecured funds to other banks in the United Arab Emirates dirham wholesale money market (or interbank market).
As of 2013, the following tenors are calculated:
The latest Eibor rates and trends can be checked at the Central Bank of the UAE website on this link - https://www.centralbank.ae/en/forex-eibor/eibor-rates/
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