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.

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.

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.

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.

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.

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.

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

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.

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: 1982-2024

United States US: Deposit Rate: LIBOR: USD: 1 Month data was reported at 0.496 % pa in 2016. This records an increase from the previous number of 0.201 % pa for 2015. United States US: Deposit Rate: LIBOR: USD: 1 Month data is updated yearly, averaging 5.276 % pa from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 16.793 % pa in 1981 and a record low of 0.159 % pa in 2014. United States US: Deposit Rate: LIBOR: USD: 1 Month 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.

Key information about United Kingdom Short Term Interest Rate

• United Kingdom Short Term Interest Rate: Month End: ICE LIBOR: 3 Months was reported at 0.09 % pa in Apr 2021, compared with 0.09 % pa in the previous month.
• UK Short Term Interest Rate data is updated monthly, available from Jan 1986 to Apr 2021.
• The data reached an all-time high of 15.38 % pa in Apr 1990 and a record low of 0.03 % pa in Dec 2020.
• Short Term Interest Rate is reported by reported by ICE Benchmark Administration.

• In the latest reports, UK Long Term Interest Rate: Month Avg: United Kingdom: ECB Harmonised was reported at 3.95 % pa in May 2023.
• The cash rate (Policy Rate: Month End: Base Rate) was set at 4.50 % pa in May 2023.
• UK Exchange Rate against USD averaged 0.80 (USD/GBP) in May 2023.

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.

Floating Rate Notes Market Outlook

According to our latest research, the global Floating Rate Notes market size is valued at USD 1.35 trillion in 2024, with a robust compound annual growth rate (CAGR) of 5.7% expected through the forecast period. By 2033, the market is projected to reach USD 2.12 trillion, driven by heightened demand for interest rate risk mitigation and the increasing volatility in global fixed income markets. The growth of floating rate notes is underpinned by their appeal as a hedge against rising interest rates, as well as their growing adoption among institutional and retail investors seeking diversified, lower-risk instruments in uncertain macroeconomic environments.

One of the primary growth drivers in the floating rate notes market is the ongoing global shift in monetary policy. As central banks across major economies, including the United States Federal Reserve and the European Central Bank, continue to adjust interest rates in response to inflationary pressures, investors are increasingly turning to floating rate notes as a means to preserve capital while capturing incremental yield. The floating rate mechanism, which links coupon payments to benchmark rates such as LIBOR or SOFR, offers a natural hedge against interest rate fluctuations, making these instruments highly attractive during periods of rate hikes. Furthermore, the transition from LIBOR to alternative reference rates has spurred innovation and issuance activity, further invigorating the market.

Another significant factor fueling market expansion is the diversification of issuers and product types. Traditionally dominated by government and financial institution issuers, the floating rate notes market has witnessed a surge in corporate and supranational offerings. Corporates are increasingly leveraging floating rate notes to optimize their capital structures and manage debt servicing costs in a volatile interest rate environment. Additionally, the development of structured floating rate products and green floating rate notes is broadening the investor base, appealing to ESG-conscious investors and those seeking tailored risk-return profiles. The proliferation of online trading platforms and digital distribution channels has further democratized access, allowing retail investors to participate in what was once a primarily institutional market.

Technological advancements and regulatory reforms are also shaping the future trajectory of the floating rate notes market. Enhanced transparency, improved liquidity, and the emergence of blockchain-based settlement solutions are increasing market efficiency and reducing transaction costs. Regulatory frameworks such as MiFID II in Europe and Dodd-Frank in the United States are fostering greater investor protection and standardization, which in turn is boosting investor confidence and participation. The confluence of these factors is expected to sustain the market’s upward momentum, even as macroeconomic uncertainties persist.

Regionally, North America and Europe remain the largest markets for floating rate notes, collectively accounting for over 65% of global issuance in 2024. However, the Asia Pacific region is emerging as a significant growth engine, driven by financial market liberalization, rising institutional investor activity, and increasing sophistication among retail investors. Latin America and the Middle East & Africa, while smaller in absolute terms, are witnessing steady growth as local governments and corporates seek to diversify funding sources and manage currency and interest rate risks. The global nature of the floating rate notes market ensures a dynamic interplay between regional trends, regulatory environments, and investor preferences, setting the stage for continued evolution and expansion over the forecast period.

Type Analysis

The floating rate notes market is segmented by type into government floating rate notes, corporate floating rate notes, financial institution floating rate notes, and others. Government floating rate notes remain the backbone of the market, accounting for the largest share in 2024. These instruments are predominantly issued by sovereign treasuries, such as the U.S. Treasury’s FRNs and the UK’s gilt-linked notes, to manage public debt portfolios efficiently. Government floating rate notes are favored by both institutional and retail investors due to their low credit risk and high liquidity. The steady issuan

Switzerland Deposit Rate: LIBOR: 3 Months data was reported at -0.749 % pa in 2016. This records an increase from the previous number of -0.751 % pa for 2015. Switzerland Deposit Rate: LIBOR: 3 Months data is updated yearly, averaging 2.545 % pa from Dec 1978 (Median) to 2016, with 39 observations. The data reached an all-time high of 9.286 % pa in 1981 and a record low of -0.751 % pa in 2015. Switzerland Deposit Rate: LIBOR: 3 Months data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Switzerland – Table CH.IMF.IFS: Lending, Saving and Deposit Rates: Annual.

Switzerland Deposit Rate: LIBOR: 6 Months data was reported at -0.672 % pa in 2016. This records an increase from the previous number of -0.686 % pa for 2015. Switzerland Deposit Rate: LIBOR: 6 Months data is updated yearly, averaging 2.691 % pa from Dec 1978 (Median) to 2016, with 39 observations. The data reached an all-time high of 9.351 % pa in 1981 and a record low of -0.686 % pa in 2015. Switzerland Deposit Rate: LIBOR: 6 Months data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Switzerland – Table CH.IMF.IFS: Lending, Saving and Deposit Rates: Annual.

Interbank Rate in Poland decreased to 4.47 percent on Friday October 24 from 4.49 in the previous day. This dataset provides - Poland Three Month Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

The benchmark interest rate in Brazil was last recorded at 15 percent. This dataset provides - Brazil Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.