To: Petronski
Fixed rates are based on the 10 year bond as well.
Generally, the LIBOR follows the Prime rate but there is no direct correlation.
36 posted on
11/28/2007 12:47:20 PM PST by
RockinRight
(Just because you're pro-life and talk about God a lot doesn't mean you're a conservative.)
To: RockinRight
...there is no direct correlation.That's the part I was getting at (or trying to...).
38 posted on
11/28/2007 12:49:03 PM PST by
Petronski
(Reject the liberal troika: romney, giuliani, mccain)
To: RockinRight; Petronski
Generally, the LIBOR follows the Prime rate but there is no direct correlation. Especially since the LIBOR is the London InterBank Offered Rate.
50 posted on
11/28/2007 12:56:13 PM PST by
Phantom Lord
(Fall on to your knees for the Phantom Lord)
To: RockinRight
76 posted on
11/28/2007 1:38:55 PM PST by
NVDave
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