ICE LIBOR (formerly known as BBA LIBOR) is a benchmark rate produced for five currencies with seven maturities quoted for each - ranging from overnight to 12 months, producing 35 rates each business day.

ICE LIBOR provides an indication of the average rate at which a LIBOR contributor bank can obtain unsecured funding in the London interbank market for a given period, in a given currency. Individual ICE LIBOR rates are the end-product of a calculation based upon submissions from LIBOR contributor banks.

ICE Benchmark Administration maintains a reference panel of between 11 and 18 contributor banks for each currency calculated. IBA currently fixes in the following five currencies:

  • CHF (Swiss Franc)
  • EUR (Euro)
  • GBP (Pound Sterling)
  • JPY (Japanese Yen)
  • USD (US Dollar)

ICE Benchmark Administration Limited OverviewPosition Paper on the Evolution of ICE LIBOR - 20 October 2014Usage of ICE LIBOR QuestionnaireICE LIBOR Frequently Asked Questions

ICE LIBOR Error PolicyICE LIBOR Error Policy Consultation - September 2014ICE LIBOR Feedback Statement on Error Policy Consultation