11.   London interbank offered rates were little changed.

12.   Some borrowers are using domestic interbank offered rates as the basis for pricing their floating-rate notes.

13.   The bonds will pay interest every six months at the London inter-bank offered rate, or Libor, and a spread based on market conditions, he said.

14.   The coupon on the securities is tied to the three-month London interbank offered rate, the rate international banks charge each other for loans.

15.   The London interbank offered rate, or Libor, is the basic short-term lending rate in the Eurodollar market.

16.   The size of the spread is determined by the relationship between Treasury rates and a short-term market rate called the London interbank offered rate, or Libor.

17.   The spread is the difference between the yield of the five-year Treasury noiable London interbank offered rate.

18.   With an ARM swap, these investors can cash in monthly on rising London interbank offered rates or an index of their choice.

19.   Analysts on Tuesday expressed these concerns as the Hong Kong interbank offered rates surged further on Tuesday, fuelling fears of an eventual increase in mortgage rates.

20.   Dealers said investors appeared to be taking their cash ahead of the year-end with no sign of a major easing in interbank offered rates to support the market.