How is NIBOR Determined?

How is NIBOR Determined?

NIBOR is a ‘trimmed arithmetic mean’ of some of the Reference Banks’ submissions. Quotes from outliers (highest and lowest quotes) are removed and the rest is averaged. The result for each benchmark tenor will be derived to four (4) decimal places and published to the market at
approximately 2:00 PM daily.

FMDQ-OXFO Partnership
With innovative technology and strategic partnerships we create a new value network and redefine the cost structure for homeownership so that more people
FMDQ Sustainability Agenda
FMDQ, through its activities, aims to achieve sustainability in the areas it actively operates and impacts, as such, its Sustainability Strategy is guided by five (5) main Sustainability Pillars…
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