361 Eurocurrency Market
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Eurocurrency
A currency on deposit outside of its country of issue
Euroloan
A low-cost source of loans for large, creditworthy borrowers, such as governments and multinational enterprises
London Interbank Offer Rate (LIBOR)
Interest rate that London banks charge each other for short-term Eurocurrency loans
International Banking Facilities (IBFs)
Subsidiaries of U.S. banks that are distinct from the domestic operations of those banks, may only offer international banking services, and do not need to observe U.S. domestic banking regulations
