Interbank Rate in the United Kingdom remained unchanged at 5.30 percent on Wednesday July 10. This dataset provides - United Kingdom Three Month Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Interbank Rate in the United States decreased to 4.85 percent on Monday September 30 from 4.86 in the previous day. This dataset provides - United States Interbank Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Historical dataset of the 12 month LIBOR rate back to 1986. The London Interbank Offered Rate is the average interest rate at which leading banks borrow funds from other banks in the London market. LIBOR is the most widely used global "benchmark" or reference rate for short term interest rates.

This dataset provides values for LIBOR RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

SECO Forecast: LIBOR: CHF: 3 Months data was reported at -0.600 % in 2020. This records an increase from the previous number of -0.700 % for 2019. SECO Forecast: LIBOR: CHF: 3 Months data is updated yearly, averaging -0.700 % from Dec 2012 (Median) to 2020, with 9 observations. The data reached an all-time high of 0.100 % in 2012 and a record low of -0.800 % in 2015. SECO Forecast: LIBOR: CHF: 3 Months data remains active status in CEIC and is reported by State Secretariat for Economic Affairs. The data is categorized under Global Database’s Switzerland – Table CH.M002: Interest Rates: LIBOR: Forecast: State Secretariat for Economic Affairs.

United States US: Deposit Rate: LIBOR: USD: 3 Months data was reported at 0.744 % pa in 2016. This records an increase from the previous number of 0.316 % pa for 2015. United States US: Deposit Rate: LIBOR: USD: 3 Months data is updated yearly, averaging 5.578 % pa from Dec 1963 (Median) to 2016, with 54 observations. The data reached an all-time high of 16.869 % pa in 1981 and a record low of 0.239 % pa in 2014. United States US: Deposit Rate: LIBOR: USD: 3 Months data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s United States – Table US.IMF.IFS: Lending, Saving and Deposit Rates: Annual.

Interactive chart of the daily 3 month LIBOR rate back to 1986. The London Interbank Offered Rate is the average interest rate at which leading banks borrow funds from other banks in the London market. LIBOR is the most widely used global "benchmark" or reference rate for short term interest rates.

Global LIBOR Transition Service market size 2025 was XX Million. LIBOR Transition Service Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

This dataset provides values for LIBOR RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Libor Transition Service Market Outlook

As of 2023, the global market size for Libor Transition Services is estimated at approximately USD 1.5 billion, with an expected growth rate at a Compound Annual Growth Rate (CAGR) of 15% to reach around USD 4.3 billion by 2032. This impressive growth is driven by the imminent cessation of the London Interbank Offered Rate (Libor) and the subsequent need for financial institutions to transition to alternative reference rates, ensuring compliance and operational continuity.

The demand for Libor Transition Services is propelled by the regulatory mandate to transition from Libor to alternative reference rates such as SOFR, SONIA, and TONAR. Financial institutions are under significant pressure to adapt their operations and financial instruments to these new benchmarks, creating a surge in demand for consulting, implementation, and support services. This regulatory push is a primary growth driver, ensuring that organizations meet compliance deadlines and mitigate the risk of operational disruptions.

Technological advancements and the increasing use of artificial intelligence and machine learning in financial services are also significant growth factors. These technologies facilitate the efficient transition of financial contracts and systems from Libor to alternative rates, reducing the complexity and time required for the transition. The integration of advanced analytics and automated systems is expected to enhance the accuracy and speed of the transition process, further driving market growth.

Another critical growth factor is the heightened awareness of the financial and reputational risks associated with non-compliance. Financial institutions are increasingly recognizing the potential for significant penalties and damage to their reputation if they fail to transition in a timely and accurate manner. This awareness is driving increased investment in Libor Transition Services to ensure that all aspects of the transition are managed effectively and efficiently, minimizing risk and ensuring smooth operational continuity.

Regionally, North America and Europe are expected to dominate the Libor Transition Service market due to the high concentration of financial institutions and stringent regulatory frameworks in these regions. The Asia Pacific region is also expected to witness significant growth due to the increasing adoption of alternative reference rates and the modernization of financial infrastructure. Latin America and the Middle East & Africa regions, while growing at a slower pace, are also expected to contribute to the overall market expansion due to ongoing regulatory reforms and financial market developments.

Service Type Analysis

The Libor Transition Service market is segmented into Consulting, Implementation, and Support and Maintenance services. Consulting services are expected to dominate the market due to the complex nature of the transition process. These services include advisory on regulatory compliance, risk assessment, and strategic planning, helping financial institutions navigate the intricate landscape of Libor cessation. Consultants play a pivotal role in identifying the most suitable alternative reference rates for various financial instruments and ensuring that the transition strategy aligns with organizational goals and regulatory requirements.

Implementation services are critical for the practical execution of the transition plan. This segment involves the development and deployment of systems and processes that support the adoption of new reference rates. Implementation services include the modification of existing financial contracts, updating IT systems, and training staff on the new operational procedures. Given the technical and operational complexities involved, the demand for specialized implementation services is expected to grow significantly as the transition deadline approaches.

Support and Maintenance services ensure the smooth functioning of newly implemented systems and processes. This segment includes ongoing monitoring, troubleshooting, and upgrading of systems to handle the new reference rates effectively. As financial institutions transition from Libor, the need for continuous support and maintenance becomes crucial to address any post-transition challenges and ensure compliance with evolving regulatory standards. The importance of these services is underscored by the need for sustained operational efficiency and risk management.

Each of these service types plays a vital role in the successful tran

This dataset provides values for LIBOR RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

United States US: Deposit Rate: LIBOR: USD: Overnight data was reported at 0.412 % pa in 2016. This records an increase from the previous number of 0.134 % pa for 2015. United States US: Deposit Rate: LIBOR: USD: Overnight data is updated yearly, averaging 5.535 % pa from Dec 1963 (Median) to 2016, with 51 observations. The data reached an all-time high of 19.705 % pa in 1981 and a record low of 0.100 % pa in 2014. United States US: Deposit Rate: LIBOR: USD: Overnight data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s United States – Table US.IMF.IFS: Lending, Saving and Deposit Rates: Annual.

This dataset provides values for LIBOR RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

This dataset provides values for LIBOR RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

United States US: Deposit Rate: LIBOR: USD: 6 Months data was reported at 1.056 % pa in 2016. This records an increase from the previous number of 0.484 % pa for 2015. United States US: Deposit Rate: LIBOR: USD: 6 Months data is updated yearly, averaging 5.929 % pa from Dec 1963 (Median) to 2016, with 54 observations. The data reached an all-time high of 16.719 % pa in 1981 and a record low of 0.340 % pa in 2014. United States US: Deposit Rate: LIBOR: USD: 6 Months data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s United States – Table US.IMF.IFS: Lending, Saving and Deposit Rates: Annual.

The LIBOR Transition Service market is gaining significant momentum as financial institutions and corporations pivot from the London Interbank Offered Rate (LIBOR) amidst regulatory changes and the need for more robust benchmark rates. LIBOR has been a cornerstone of the global financial system for decades, serving

Key information about United Kingdom Long Term Interest Rate

• United Kingdom Long Term Interest Rate: Month Avg: United Kingdom: ECB Harmonised was reported at 4.52 % pa in Feb 2025, compared with 4.67 % pa in the previous month.
• UK Long Term Interest Rate data is updated monthly, available from Jan 1993 to Feb 2025.
• The data reached an all-time high of 8.99 % pa in Sep 1994 and a record low of 0.15 % pa in Jul 2020.
• Long Term Interest Rate is reported by reported by CEIC Data.

• In the latest reports, UK Short Term Interest Rate: Month End: ICE LIBOR: 3 Months was reported at 0.09 % pa in Apr 2021.
• The cash rate (Policy Rate: Month End: Base Rate) was set at 4.50 % pa in Feb 2025.
• UK Exchange Rate against USD averaged 0.79 (USD/GBP) in Jun 2023.

Blue Chip Financial Forecasts: Monthly surveys of professional economists at leading investment banks, financial firms and consulting firms on the future direction of key U.S. interest rates and other macroeconomic indicators. Forecasts cover each of the next six quarters for each variable such as the Federal Funds Rate, Prime Rate, 3-month LIBOR, and Treasury Bills. Forecasts for interest rates and the Federal Reserve's Major Currency Index represent averages for the quarter, while forecasts for Real GDP, GDP Price Index and Consumer Price Index are seasonally-adjusted annual rates of change. DATA AVAILABLE FOR YEARS: 2001-2020

Interbank Rate in Poland remained unchanged at 4.75 percent on Tuesday September 9. This dataset provides - Poland Three Month Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Interbank Rate In the Euro Area decreased to 2.03 percent on Monday September 8 from 2.05 in the previous day. This dataset provides - Euro Area Three Month nterbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.