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    soyuz02's Avatar
    soyuz02 Posts: 8, Reputation: 1
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    #1

    Aug 8, 2007, 12:59 AM
    LIBOR and Interest Rates
    Ok, probably a very basic question:

    If I borrow $100 at the 3m LIBOR rate for a period of 1 year with interest being payable quarterly, when would my interest payments be and how would they be calculated?

    As I understand it, if I borrow at the 3m LIBOR, at the start I would pay the 3m LIBOR rate of that day, then 3 Months later the rate would be reset to the current 3m LIBOR and so on?

    Thanks for helping me out guys
    nileshvaidya's Avatar
    nileshvaidya Posts: 2, Reputation: 1
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    #2

    Oct 21, 2010, 06:35 AM
    If pricing rate is libor+650 bps for 6 months for 6.75 cr. What will be the rate of interest

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