Term:
International interbank market
Definition:
The international interbank market is an international money market in which banks lend to each other – either cross-border or locally in foreign currency – large amounts of money, usually for periods between overnight and six months
Domain:
Finance
Source:
External Debt: Definition, Statistical Coverage and Methodology, A Report by an International Working Group on External Debt Statistics of the World Bank, IMF, BIS, OECD, OECD, Paris, 1988, Glossary
