Reykjavik Interbank Presented Fee (REIBOR)
What Is the Reykjavik Interbank Offered Rate (REIBOR)? The Reykjavik Interbank Offered Rate (REIBOR) is the formal interbank market reference rate used to set rates for short-term loans at Icelandic commercial and savings banks. It is a weighted average of market rates offered by banks to each other for short-term funding. REIBOR is similar to