Examples of KLIBOR in a sentence
Other non-equity linked products like Commodity Futures, KLIBOR Futures and Bond Futures will continue to trade.
It is a contractual agreement between parties to exchange two streams of payments, one based on a pre-determined index or equity price, and the other based on a reference interest rate (that is KLIBOR or LIBOR).
Essentially, the formula computation for the ceiling BLR is now based on the prevailing BNM 3-month intervention rate instead of the previous month's average KLIBOR.
The IBR will not only be adjusted when there are changes in monetary policy e.g. Overnight Policy Rate (OPR) but also changes in the funding conditions e.g. movement in Kuala Lumpur Interbank Offered Rate (KLIBOR).
The BR will be adjusted when there are changes in marginal cost of funds due to monetary policy e.g. Overnight Policy Rate (OPR) and/or changes in the funding conditions; e.g. movement in KLIBOR.